There are two general definitions of amortization. The first is the systematic repayment of a loan over time. The second is used in the context of business accounting and is the act of …

The meaning of AMORTIZE is to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund.

AMORTIZE definition: 1. to reduce a debt or cost by paying small regular amounts: 2. to take a cost, for example the…. Learn more.

Nov 8, 2025 · Amortize means to gradually write off a cost over a period. Depreciation is recorded to reflect that an asset is no longer worth the previous carrying cost reflected on the financial …

Oct 17, 2025 · Amortization is the regular, fixed reduction in value of something over time. In finance, amortization commonly comes up in 2 main ways: with debt and with assets. With …

Amortize definition: to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund.. See examples of AMORTIZE used in a …

Jul 6, 2025 · Amortization is the process of incrementally charging the cost of an asset to expense over its expected period of use, reflecting its consumption.

In accounting, amortization is conceptually similar to the depreciation of a plant asset or the depletion of a natural resource. Perhaps the most common example of the term amortization is …

Mar 6, 2025 · An amortization schedule is a chart that tracks the falling book value of a loan or an intangible asset over time. For loans, it details each payment’s breakdown between principal …

Nov 1, 2025 · Amortization is the process of gradually reducing a debt over a specific period through scheduled, equal payments. These payments cover both the principal amount and …