amortisation Meaning, Definition & Usage

  1. noun the reduction of the value of an asset by prorating its cost over a period of years
    amortization.
  2. noun payment of an obligation in a series of installments or transfers
    amortization.

WordNet

A*mor"tise verb, A*mor`ti*sa"tion noun, A*mor"tis*a*ble adjective, A*mor"tise*ment noun (Also<
  • Amortise
  • Amortisation
  • Amortisable
  • Amortisement
)
Definitions
  1. Same as Amortize, Amortization, etc.

Webster 1913