amortization

[ am-er-tuh-zey-shuhn, uh-mawr- ]

/ ˌæm ər təˈzeɪ ʃən, əˌmɔr- /

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See synonyms for amortization on Thesaurus.com

noun

an act or instance of amortizing a debt or other obligation.

the sums devoted to this purpose.

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Also amortizement.

Origin of amortization

First recorded in 1665–75, amortization is from the Medieval Latin word a(d)mortizātiōn- (stem of admortizātiō). See amortize, -ation

Words nearby amortization

amorous, amor patriae, amorphism, amorphous, amort, amortization, amortize, amortizement, Amory, Amos, amosite

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use amortization in a sentence

From 2014 to 2018, records show Ballmer reported a total of $700 million in losses from his ownership of the Clippers, almost certainly composed mainly of paper losses from amortization.
The Billionaire Playbook: How Sports Owners Use Their Teams to Avoid Millions in Taxes|by Robert Faturechi, Justin Elliott and Ellis Simani|July 8, 2021|ProPublica
The amortization benefit can turn a loss into an even larger loss, which can then be used to offset other income and save money on taxes.
The Billionaire Playbook: How Sports Owners Use Their Teams to Avoid Millions in Taxes|by Robert Faturechi, Justin Elliott and Ellis Simani|July 8, 2021|ProPublica
The tax write-off for amortization, Gilbert’s lawyer argued, is essential to all businesses, from restaurants to factories to sports franchises.
The Billionaire Playbook: How Sports Owners Use Their Teams to Avoid Millions in Taxes|by Robert Faturechi, Justin Elliott and Ellis Simani|July 8, 2021|ProPublica
However, with amortization, you can remove $120 million from your income, which means you don’t have to pay taxes on it.
The Billionaire Playbook: How Sports Owners Use Their Teams to Avoid Millions in Taxes|by Robert Faturechi, Justin Elliott and Ellis Simani|July 8, 2021|ProPublica

Before the rules around amortization were loosened in the 1990s and 2000s, the IRS often insisted that assets could only be amortized if they had a real, finite lifespan and actually lost value over time.
Eight Takeaways From ProPublica’s Investigation of How Sports Owners Use Their Teams to Avoid Taxes|by ProPublica|July 8, 2021|ProPublica
Surplus revenues enabled the amortization of its debt; and by 1852 the revenue exceeded three million dollars annually.
Railroads: Rates and Regulations|William Z. Ripley
"'Amortization' is the word, Colonel," was Smith's prompt verdict after he had gone over Martin's summaries.
The Real Man|Francis Lynde
This amortization of the Republic's debt for these improvements has been going steadily forward.
The Panama Canal|Frederic Jennings Haskin
No effort is made to levy tolls that will provide for interest charges, or for the amortization of the principal.
The Panama Canal|Frederic Jennings Haskin

British Dictionary definitions for amortization

amortization

amortisation

/ (əˌmɔːtaɪˈzeɪʃən) /

noun

the process of amortizing a debt
the money devoted to amortizing a debt

(in computing the redemption yield on a bond purchased at a premium) the amount that is subtracted from the annual yieldCompare accumulation (def. 3b)

Derived forms of amortization

amortizement or amortisement (əˈmɔːtɪzmənt), noun

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for amortization

amortization

[ (am-uhr-tuh-zay-shuhn, uh-mawr-tuh-zay-shuhn) ]

A term that refers either to the gradual paying off of a debt in regular installments over a period of time or to the depreciation of the “book value” (that is, the standard assessed value) of an asset over a period of time.

amortization

Origin of amortization

Words nearby amortization

Words related to amortization

How to use amortization in a sentence

British Dictionary definitions for amortization

amortisation

Derived forms of amortization

Cultural definitions for amortization