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.
AAT
300055674
13yrs ago
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: 2024-12-18 23:00:52
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{{cite web|url=https://collection.beta.fitz.ms/id/terminology/term-591|title=Terminology definition for: amortization|author=The Fitzwilliam Museum|accessdate=2024-12-18 23:00:52|publisher=The University of Cambridge}}
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