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Amortization   Listen
noun
Amortization  n.  
1.
(Law) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
2.
The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.





Collaborative International Dictionary of English 0.48


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Words linked to "Amortization" :   payment, decrease, diminution, defrayal, defrayment, amortisation, amortize, reduction


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