Amortization is the process of gradually paying off a debt through regular, scheduled payments that reduce both principal and interest over time. In accounting and finance, it also refers to systematically expensing the cost of an intangible asset or loan-related charges. The term emphasizes reduction of outstanding balance to reflect time value and cost allocation.
Full pronunciation guide9 of 53 videos
1:00Accountant
How to Pronounce Accountant
0:56Accrual
How to Pronounce Accrual
0:57Acquire
How to Pronounce Acquire
1:01Acquisition
How to Pronounce Acquisition
1:02Actuarial
How to Pronounce Actuarial
0:58Allocate
How to Pronounce Allocate
1:03Amalgamated
How to Pronounce Amalgamated
1:04Amalgamation
How to Pronounce Amalgamation
1:06Amortization
How to Pronounce Amortization
1:02Arbitrage
How to Pronounce Arbitrage
