Amortisation vs. Amortization

Alternative spelling of amortization

The act or process of amortizing.

The reduction of the value of an asset by prorating its cost over a period of years

The money set aside for this purpose.

Payment of an obligation in a series of installments or transfers

In reckoning the yield of a bond bought at a premium, the periodic subtraction from its current yield of a proportionate share of the premium between the purchase date and the maturity date.

The reduction of loan principal over a series of payments.

The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.

The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.

The reduction of the value of an asset by prorating its cost over a period of years

Payment of an obligation in a series of installments or transfers