amortization
a mer ti zay shuhn
- n the reduction of the value of an asset by prorating its cost over a period of years
- n payment of an obligation in a series of installments or transfers
- That mortgage lenders were allowed to flog their negative-amortization, adjustable-rate mortgages and balloon loans without restriction does not reflect well on either Congress or .
- To this would be added a 1% amortization charge.
- Her profits are also helped by Sweden's fast tax-amortization laws.