Amortization
nounverified·updated May 18, 2026
the reduction of the value of an asset by prorating its cost over a period of years
Framework senses
- §1
- payment of an obligation in a series of installments or transfers
- §2
- the reduction of the value of an asset by prorating its cost over a period of years
- §1 · legacy_primary
- the reduction of the value of an asset by prorating its cost over a period of yearsDR-088 backfill from the noun definition column