amortization Synonyms
Another word for amortization
• noun (Context 1)
The gradual reduction or repayment of a debt, such as a mortgage or business loan, through a schedule of regular installment payments covering both principal and interest.
"The bank provided a detailed schedule showing the full repayment of the thirty-year mortgage."
• noun (Context 2)
The accounting practice of spreading the acquisition cost of an intangible asset, such as a patent or copyright, over its projected useful life.
"The corporation recorded an annual expense for the write-off of its newly acquired software patents."
• noun (Context 3)
In historical law, the alienation or transfer of lands or tenements to a corporation or religious house in mortmain.
"Medieval statutes strictly regulated the alienation of feudal estates to monastic orders."
Opposites of amortization
The opposite of amortization shifts depending on context. Common opposites include: