amortization

Noun
  1. The reduction of the value of an asset by prorating its cost over a period of years (synset 101125259)
    is a type of: decrease, diminution, reduction, step-down - the act of decreasing or reducing something
    same as: amortisation
  2. Payment of an obligation in a series of installments or transfers (synset 101123391)
    is a type of: defrayal, defrayment, payment - the act of paying money
    same as: amortisation

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