Definition of amortization

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  • amortization is a valid Scrabble US word with a point value of 23
  • amortization is a valid Scrabble UK word with a point value of 23
  • amortization is a valid Words with friends word with a point value of 25

Definition of amortization

  • the reduction of the value of an asset by prorating its cost over a period of years (noun)

    Synonyms

    1. amortisation
  • payment of an obligation in a series of installments or transfers (noun)

    Synonyms

    1. amortisation

See definition of amortization in Merriam Webster