247 Another Word for Amortization? – Amortization Synonyms & Antonyms

Want to say amortization differently? Here are other words for amortization and its similar synonyms and opposite words to say in unique way.


Meaning of amortization

The primary meaning of the word "amortization" is the process of gradually writing off the cost of an asset or loan over a period of time.

Etymology of amortization

The word "amortization" comes from the Old French word "amortir", which means "to kill" or "to deaden", and the Latin word "mors", which means "death".
The term "amortization" was originally used in the 15th century to describe the process of gradually extinguishing a debt or obligation.
Over time, the term has evolved to include the concept of writing off the cost of an asset or loan over a period of time.

Synonyms

depreciation write-off repayment installment payment liquidation settlement extinguishment reduction decrease alleviation mitigation offset compensation reimbursement refund recoupment recovery redemption discharge cancellation defrayal remission absolution clearance offsetting compensating reimbursing repaying paying off settling clearing discharging canceling alleviating mitigating reducing decreasing lessening diminishing write-down impairment loss expense outlay expenditure disbursement outgo expenditure spending expense consumption using up depletion drain dissipation wastage squandering misusing embezzlement misappropriation mismanagement waste profligacy extravagance recklessness improvidence improvidentness

Definitions

  • The act of gradually writing off the cost of an asset or loan over a period of time, especially in order to reduce the value of the asset or loan on the balance sheet.
  • The process of paying off a debt, such as a mortgage or loan, in regular installments over a period of time.
  • The reduction in value of an asset or loan due to depreciation, impairment, or other factors.

Usage Examples

  • The company will amortize the cost of the new equipment over a period of five years.
  • The borrower will make monthly payments to amortize the loan over the next 10 years.
  • The asset was amortized over a period of 20 years, resulting in a significant reduction in its value.

Antonyms

accumulation appreciation increase growth expansion augmentation enhancement intensification magnification amplification buildup escalation surge upsurge rise gain profit benefit advantage value worth appreciation recognition acknowledgment increase augmentation addition supplement enhancement strengthening fortification reinforcement bolstering boosting invigoration revitalization rejuvenation restoration renewal regeneration

Related Adjectives

financial accounting monetary fiscal economic business commercial industrial corporate organizational managerial administrative executive operational functional technical tactical strategic depreciated impaired written-off repaid paid settled extinguished reduced decreased alleviated mitigated offset compensated reimbursed refunded recouped recovered redeemed discharged canceled cleared financial fiscal monetary economic business commercial industrial corporate organizational managerial administrative executive operational functional technical tactical strategic

Related Nouns

asset loan debt obligation liability mortgage installment payment settlement extinguishment reduction decrease depreciation impairment expense outlay expenditure disbursement outgo consumption depletion drain dissipation wastage squandering embezzlement misappropriation mismanagement waste profligacy extravagance recklessness improvidence improvidentness finance accounting bookkeeping ledger journal balance sheet

Related Verbs

depreciate impair write-off repay pay settle extinguish reduce decrease alleviate mitigate offset compensate reimburse refund recoup recover redeem discharge cancel clear discharge alleviate mitigate reduce decrease lessen diminish use consume deplete drain dissipate waste squander embezzle misappropriate mismanage finance account bookkeep ledger journal
Share your love