word
amortization
am-or-tih-ZAY-shun
ˌæmərtəˈzeɪʃənListen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
amortization
Dictionary meaning
The gradual reduction of a debt or intangible asset value over time through scheduled charges or payments.
History and origin
Medieval Latin admortire.
Examples
- The spreadsheet showed the mortgage's monthly amortization schedule.
Common mispronunciations
am-or-tie-ZAY-shun
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