Amortization [noun]
Definition of Amortization:
fee; installment of fee
Synonyms of Amortization:
● Refund
● Return
● Wage
● Fee
● Sum
● Subsidy
● Deposit
● Premium
● Award
● Salary
● Outlay
● Cash
● Amount
● Pension
● Reward
● Support
● Down
● Redress
● Alimony
● Amends
● Bounty
● Part
● Requital
● Advance
● Hire
● Portion
● Defrayal
● Annuity
● Pay-off
● Paying
Sentence/Example of Amortization:
It’s a long period of time, and you’re not getting any amortization to reduce your risk over time.
Surplus revenues enabled the amortization of its debt; and by 1852 the revenue exceeded three million dollars annually.
"'Amortization' is the word, Colonel," was Smith's prompt verdict after he had gone over Martin's summaries.
This amortization of the Republic's debt for these improvements has been going steadily forward.
No effort is made to levy tolls that will provide for interest charges, or for the amortization of the principal.