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Definition of Amortisation
1. Noun. The reduction of the value of an asset by prorating its cost over a period of years.
2. Noun. Payment of an obligation in a series of installments or transfers.
Generic synonyms: Defrayal, Defrayment, Payment
Derivative terms: Amortise, Amortize
Definition of Amortisation
1. Noun. (alternative spelling of amortization) ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Amortisation
Literary usage of Amortisation
Below you will find example usage of this term as found in modern and/or classical literature:
1. Accounts; Their Construction and Interpretation: For Business Men and by William Morse Cole (1915)
"So the first amortisation is less than the first present worth by just enough to
reduce it to the last present worth. The two sets of figures run in ..."
2. Co-operative Credit for the United States by Henry William Wolff (1917)
"The Bavarian society allows amortisation at annual rates varying from y2 to 6
... The Saxon society as a rule levies 9-10 amortisation, which allows for an ..."
3. Mexico of the Twentieth Century by Percy Falcke Martin (1908)
"... foreign banking-houses—amortisation provision- Gradual cancellation of public
securities—Table showing Mexican Government and State Government loans, ..."
4. Problems and Studies in the Accountancy of Investment by Charles Ezra Sprague (1905)
"INSTALLATION OF amortisation ACCOUNTS. When the accounts of securities have once
been estab- lisht on the plan of gradual extinction of premiums and ..."