AMORTIZATION

/əˌmɔːtaɪˈzeɪʃən/ Scrabble 23 Words With Friends 25

Scrabble letter values: A₁M₃O₁R₁T₁I₁Z₁₀A₁T₁I₁O₁N₁ = 23

Definition

noun the reduction of the value of an asset by prorating its cost over a period of years. — synonyms: amortisation
noun payment of an obligation in a series of installments or transfers. — synonyms: amortisation

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