Amortization and Extinguishment

Amortization noun - The reduction of the value of an asset by prorating its cost over a period of years.

Extinguishment and amortization are semantically related in payment topic. In some cases you can use "Extinguishment" instead a noun "Amortization", when it comes to topics like repayment.

Nearby Words: amortize, amortisation, amortise, amortizing, amortized

Amortization and extinguishment are semantically related in payment topic. Sometimes you can use "Amortization" instead a noun "Extinguishment", if it concerns topics such as repayment.