Looking for the meaning of the word AMORTIZATION in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of AMORTIZATION with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Amortization
Speech Type: Noun
Audio Pronunciation:
Phonetic Spelling:
əˌmɔːtʌɪˈzeɪʃn
Dialects: British English
Definition:
the action or process of gradually writing off the initial cost of an asset
Short Definition:action of gradually writing off initial cost of asset
Examples:- due to the amortization of initial costs, the risks of negative working capital are mitigated
Variant Forms:
- amortisation
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