How do you pronounce amortization?

amortization is pronounced as /əˌmɔːrtəˈzeɪʃən/.

Vocabularies
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amortization

💰amortization

noun

/əˌmɔːrtəˈzeɪʃən/

amorphous amortize

amortization definition card — visual illustration of the meaning

amortization synonyms and antonyms card — visual word comparison

amortization collocation card — common word combinations and phrases

Meaning

The process of gradually paying off a debt through regular payments over time.

The process of paying off debt with regular payments over time.

The action or process of gradually writing off the initial cost of an asset.

Example Sentences

The company used a 10-year schedule for the amortization of its loan.

The amortization schedule showed a 10-year repayment plan.

Smart amortization prevents financial strain.

Synonyms

repayment, payoff, reduction, liquidation, loan repayment, debt reduction, depreciation, installment reduction, debt allocation

Entry 1

repayment, payoff, reduction, liquidation

Entry 2

loan repayment, debt reduction, depreciation

Entry 3

loan repayment, installment reduction, debt allocation

Antonyms

accumulation, increase, indebtedness, default, non-payment

Entry 1

accumulation, increase

Entry 2

accumulation, indebtedness, default

Entry 3

accumulation, default, non-payment

Collocations

loan amortization, amortization schedule, amortization expense

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A change of the form or nature of a thing into a completely different one; transformation.

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