Amortisation Definition & Meaning
amortisation
- noun
- the reduction of the value of an asset by prorating its cost over a period of years
- payment of an obligation in a series of installments or transfers
Usage tips for "amortisation"
Understanding the precise definition of a word helps you use it with confidence. When using "amortisation" in your writing, consider whether you need the word itself or one of its synonyms — subtle differences in meaning can change the tone of a sentence. If you're writing poetry or song lyrics, check the rhymes for amortisation to find words that pair well.