amortization
UK/æ,mɔːtaɪ'zeɪʃən/US/ә,mɔ:ti'zeiʃәn/
C1
Definitions
n.
The gradual repayment of a loan, or the spreading of an asset's cost over time
分期偿还；摊销
Root Breakdown
Native Englishamortiz(e)root
+
-ationact, process, state
=amortization
Noun of amortize: the process of slowly 'killing off' a debt in installments, or spreading an asset's cost over its life. See amortize.
Common Collocations
- 1.amortization schedule摊销计划表
- 2.loan amortization贷款摊销
- 3.amortization period摊销期
Example Sentences
- 1.
The amortization schedule shows each monthly payment in detail.
- 2.
Amortization reduces the loan balance a little each month.