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 guide6 of 62 videos
0:56Accrual
How to Pronounce Accrual
1:01Acquisition
How to Pronounce Acquisition
0:58Affiliate
How to Pronounce Affiliate
0:56Agile
How to Pronounce Agile
0:59Alignment
How to Pronounce Alignment
1:06Amortization
How to Pronounce Amortization
1:02Analytics
How to Pronounce Analytics
0:59Assets
How to Pronounce Assets
1:01Bankruptcy
How to Pronounce Bankruptcy
0:57Capital
How to Pronounce Capital
