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
- The reduction of loan principal over a series of payments.
- 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
Hooks
Back hooks: AMORTIZATION-S