Amortization Definition & Meaning

amortization
noun
  1. the reduction of the value of an asset by prorating its cost over a period of years
  2. payment of an obligation in a series of installments or transfers

"Amortization" in song lyrics

See how amortization is used in real songs:

  • "loan amortization"
    AOL — AOL
  • "auto rates amortization"
    AOL — AOL
  • "tooling amortization"
    AOL — AOL

Usage tips for "amortization"

Understanding the precise definition of a word helps you use it with confidence. When using "amortization" 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 amortization to find words that pair well.

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