Amortization

A repayment method in which the amount you borrow is repaid gradually though regular monthly payments of principal and interest. During the first few years, most of each payment is applied toward the interest owed. During the final years of the loan, payment amounts are applied almost exclusively to the remaining principal
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Amortization

A payment plan by which a loan is reduced through monthly payments of principal and interest.
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Amortization

Amortisation (or amortization) is the process of decreasing or accounting for an amount; over a period. The word comes from Middle English amortisen to kill, alienate in mortmain, from Anglo-French amorteser, alteration of amortir, from Vulgar Latin admortire `to kill`, from Latin ad- and mort-, `death`. ==Applications of amortization== ...
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Amortization

• (n.) The extinction of a debt, usually by means of a sinking fund; also, the money thus paid. • (n.) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
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Amortization

(1) A periodic payment plan to pay a debt (such as a mortgage or car loan) by a certain date, in which interest and a portion of the principal is included in each payment. Payments are usually calculated in equal monthly installments. Since the largest portion of the early payments is interest (based on the amount owed), the principal doesn't decli...
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Amortization

- A payment plan by which a loan is reduced through monthly payments of principal and interest.
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Amortization

- Gradual and periodic reduction of any amount, such as the periodic writedown of a BOND premium, the cost of an intangible ASSET or periodic payment Of MORTGAGES or other DEBT.
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amortization

amortisation noun payment of an obligation in a series of installments or transfers
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Amortization

[business] In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loans and amortization of intangible assets. ==Amortization of loans== where: P is the principal amount borrowed, A is the periodic amortization payment, r is the periodic interest rate divide...
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Amortization

[tax law] In tax law, amortization refers to the cost recovery system for intangible property. Although the theory behind cost recovery deductions of amortization is to deduct from basis in a systematic manner over an asset`s estimated useful economic life so as to reflect its consumption, expiration, obsolescence or other decline in value ...
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Amortization

A·mor`ti·za'tion noun [ Late Latin amortisatio , admortizatio . See Amortize , and confer Admortization .] 1. (Law) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands , or in mortma...
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Amortization

A payment plan by which a loan is reduced through monthly payments of principal and interest.
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Amortization

a payment plan that enables you to reduce your debt gradually through monthly payments. The payments may be principal and interest, or interest-only. The monthly amount is based on the schedule for the entire term or length of the loan.
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amortization

Accounting practice where the progressive reduction (`depreciation`) of a fixed asset is expressed as an expense in the accounts. This is commonly used when dealing with the value of a lease in...
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amortization

amortization (ăm"urtuzā'shun, umôr'–) , reduction, liquidation, or satisfaction of a debt. The term amortization may also refer to the sum used for that purpose. The term is commonly used in ascertaining the investment value of securities. Thus, if a security is b...
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Amortization

Amortization is payments of debt in equal instalments of principal and interest, rather than interes
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Amortization

Amortization is the gradual repayment of a debt over a period of time, such as monthly payments on a
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amortization

Amortization reduces the stated value of intangible assets which, as a rule, have no physical substance but add benefits to a business. In essence, amortization defines the consumption of value of the purchased intangible assets. Through amortization, the costs are spread over the useful life of assets. The costs are allocated in a rational manner ...
Found on http://www.investmentterms.net/amortization-definition/

amortization

amortization, amortisation 1. The reduction of a debt by making payments with regular transfers or installments, or the money used for this. 2. Payment of an obligation in a series of installments or transfers. 3. The reduction of the value of an asset by prorating its cost over a period of years.
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Amortization

In business, amortization is the process of treating as an expense the annual amount deemed to waste away from a fixed asset. The concept is particularly applied to leases, which are acquired for a given sum for a specified term at the end of which the lease will have no value. It is customary to divide the cost of the lease by the number of years ...
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amortization

in finance, the systematic repayment of a debt; in accounting, the systematic writing off of some account over a period of years.
Found on http://www.britannica.com/eb/a-z/a/64

Amortization

Is a periodic payment plan to pay a debt where the interest and a portion of the principal are included in each payment. This is determined by an established mathematical formula. Commonly it is used on a real property loan, financing of an automobile or other purchase. This is done by figuring the interest on the declining principal and the number...
Found on http://www.encyclo.co.uk/local/20965

Amortization

Is the periodic paydown of principal. This is a common feature of most mortgages. Amortize also refers to the accounting write down or reduction in an intangible asset. This creates a charge against income. Amortization can also refer to the reduction in the cost basis of a bond purchased at a premium to par. Sometimes, amortization is used as a sy...
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Amortization

Is the periodic paydown of principal. This is a common feature of most mortgages. Amortize also refers to the accounting write down or reduction in an intangible asset. This creates a charge against income. Amortization can also refer to the reduction in the cost basis of a bond purchased at a premium to par. Sometimes, amortization is used as a sy...
Found on http://www.oasismanagement.com/glossary/

Amortization

n. a division of the content of books. for exmaple, legal agreemnts or constitution or deeds, etc. are regrouped into smaller sections for the sake of perspicuity.
Found on http://www.encyclo.co.uk/local/21213
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