AMORTIZATION

/əˌmɔːtaɪˈzeɪʃən/
23
Scrabble
25
WWF
A(1) M(3) O(1) R(1) T(1) I(1) Z(10) A(1) T(1) I(1) O(1) N(1)
NWL/TWL ✓ Collins ✓ WWF ✓

Definition

/əˌmɔːtaɪˈzeɪʃən/
noun
  1. The reduction of loan principal over a series of payments.
  2. The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

Source: Wiktionary

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Back hooks: AMORTIZATION-S

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