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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebAmortDefinition:Amort, as a verb, refers to the gradual reduction or payment of a debt through regular installments over a specified period. It is commonly used in finance and accounting to describe the process in which a loan or mortgage is paid off. Examples:As a verb (financial sense):1. He decided to amortize the loan over ten years, making equal monthly payments. 2. The company amortized its startup costs by spreading it across multiple fiscal years. As a noun:1. The amort of the mortgage was calculated to be $500,000. 2. The monthly amort has been reduced to $300 after renegotiating the loan terms. Related Products:To learn more about amortization and personal finance, you can explore the following products on Amazon: | ||||
amorphophallus paeonifolius amorphophallus rivieri amorphophallus titanum amorphorous amorphos amorphous amorphous shape amorphus amort amortisation amortise amortising amortization amortize amortized amortizing amortphobia
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