amortization definition, amortization meaning | English dictionary

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amortization

  
, amortisation  
      n  
1   
a    the process of amortizing a debt  
b    the money devoted to amortizing a debt  
2    (in computing the redemption yield on a bond purchased at a premium) the amount that is subtracted from the annual yield  
   Compare       accumulation       3b  
  amortizement, amortisement      n  
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