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Meaning of AMORTISATION

WordNet Dictionary
 
 Definition: 
  1. [n]  payment of an obligation in a series of installments or transfers
  2. [n]  the reduction of the value of an asset by prorating its cost over a period of years
 
 Websites: 
 
 Synonyms: amortization
 
 See Also: decrease, defrayal, defrayment, diminution, payment, reduction, step-down

 

 

 

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