Learn How to Pronounce amortization
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How to pronounce:
amortization
Definition:
(nou) the reduction of the value of an asset by prorating its cost over a period of years (nou) payment of an obligation in a series of installments or transfers
Phonetic Transcription:
əˌmɔːtaɪˈzeɪʃən
Examples:
It is a form of negative amortization loan.
These are the types of negative amortization loans.
It is the difference between negative amortization and a reverse mortgage.
Learn more about:amortization
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