Skip to main content

Amortization

Scope note

Gradual reduction of a financial obligation by payment of a part of the principal, contribution to a sinking fund, or the gradual depreciation of an asset.

Term type

AAT

Getty AAT term number

300055674

Broader Terms used

<economic concepts>

Term used for

amortisation

Created

13yrs ago

Citation for print

This page can be cited in the Harvard Bibliographic style using the text below:

The Fitzwilliam Museum (2024) "Terminology definition for: amortization" Web page available at: https://collection.beta.fitz.ms/id/terminology/term-591 Accessed: 2024-11-15 17:47:11

Citation for Wikipedia

To cite this page on Wikipedia you can use this code snippet:

{{cite web|url=https://collection.beta.fitz.ms/id/terminology/term-591|title=Terminology definition for: amortization|author=The Fitzwilliam Museum|accessdate=2024-11-15 17:47:11|publisher=The University of Cambridge}}

API call for this record

To call these data via our API (remember this needs to be authenticated) you can use this code snippet:

https://collection.beta.fitz.ms/api/v1/terminology/term-591

Sign up for updates

Updates about future exhibitions and displays, family activities, virtual events & news. You'll be the first to know...