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amortization
(redirected from amortizes)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.02 sec.
amortization,
n a generic term that includes various specific practices, such as depreciation, depletion, write-off of intangibles, prepaid expenses, and deferred charges.


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The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.
The monthly payment at that time can rise sharply as the loan both adjusts its underlying interest rate--it adjusts to a one-year ARM that is calculated by adding a set percentage margin to the index on which the loan is based--and also kicks in a principal payment that amortizes the full principal over the remaining life of the loan.
Barbara's Outfitters capitalizes certain start-up costs and fully amortizes those costs within the first year of operations.
 
 
 
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