amortisation :

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  • 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

  • Radovan Jelasic in Financial Times (blog)
    By 2010, Philips expects the EBITA (earnings before interest, taxes and amortisation) margin of its current businesses to exceed 10 per cent through improved margin management, increased contribution from recent acquisitions, improvement of its... Gerard Kleisterlee Economic Times Sep 10, 2007 3410 4954 amortise Since the beginning of this year, we've sold €1bn in order to amortise too-large daily fluctuations," Radovan Jelasic, bank governor, told the FT. "Regional events are having the main impact on exchange rates now."

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