单词 | amortization |
释义 | amortization (once / 20664 pages) n Amortization means a debt is being paid off by a series of payments. An amortization schedule for your car loan will show exactly how much you owe and how long it’ll take to pay it. Amortization is fancy way to describe a payment plan: you gradually pay off a specific amount by making small payments according to a set schedule. Amortization takes place over a specific period of time. The root of amortization can be traced to the Middle English word amortisen, meaning “to kill.” In this case, it’s a debt that’s being killed off — slowly, over time. The word is often applied to car or home loans. WORD FAMILYamortization: amortizations+/amortize: amortization, amortized, amortizes, amortizing USAGE EXAMPLESEarnings, adjusted for amortization costs and restructuring costs, came to $1.12 per share. Seattle Times(Nov 22, 2016) Selling, general and administrative expenses and depreciation and amortization expenses fell in the quarter. Seattle Times(Nov 16, 2016) Debt now amounts to more than five times earnings before interest, taxes, depreciation and amortization, well above previous levels. Wall Street Journal(Nov 15, 2016) 1n the reduction of the value of an asset by prorating its cost over a period of years Syn|Hyper amortisation decrease, diminution, reduction, step-down the act of decreasing or reducing something 2n payment of an obligation in a series of installments or transfers Syn|Hyper amortisation defrayal, defrayment, payment the act of paying money |
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