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1. Oxford Dictionary

   amortization

   • IPA[əˌmɔːtʌɪˈzeɪʃn]

   英式

   • n.
     the action or process of gradually writing off the initial cost of an asset；the action or process of reducing or paying off a debt with regular payments

   • noun: amortization, plural noun: amortizations

2. • 釋義

   n.

   名詞

   • 1. the action or process of gradually writing off the initial cost of an asset due to the amortization of initial costs, the risks of negative working capital are mitigated
   • ▪ the action or process of reducing or paying off a debt with regular payments because of amortization, you’ll own your home by the end of the loan term an amortization schedule shows your payments each month and how it affects the total amount you owe
   • ▪ a period in which a debt is reduced or paid off by regular payments 75% of the mortgages have an amortization of 25 years or less