amortization

(eg. literal, girl, synonym )

amortization  /ˌæ mər tɪ ˈzeɪ ʃən/ ? Meaning of "amortization"

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Definition(s):

  1. (n) the reduction of the value of an asset by prorating its cost over a period of years
  2. (n) payment of an obligation in a series of installments or transfers

Synonym(s)

amortisation

Usage(s):

  1. Her profits are also helped by Sweden's fast tax-amortization laws.
  2. To this would be added a 1% amortization charge.
  3. Thus, most of the rent the company pays Sevierville will go back to Cherokee as interest and amortization on its bonds.

Quotes

  1. Looking forward, Mr. Shaw noted: "For fiscal 2008, we expect service operating income before amortization to grow in an approximate range of 10% - 12%. Capital expenditures are forecasted to exceed $650 million as we continue to invest to ensure our...
    on Oct 26, 2007 By: Shaw Source: Web Services Journal

  2. "Our overseas operations now contribute 74 percent of proportionate earnings before interest, tax, depreciation and amortization, up from 71 percent a year ago," Chua said.
    on Nov 6, 2007 By: Chua Sock Koong Source: International Herald Tribune

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