Amortization and Step-down

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

Step-down and amortization are semantically related. In some cases you can use "Step-down" instead a noun "Amortization".

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

Step-down noun - The amount by which something is lessened.

Amortization and step-down are semantically related. Sometimes you can replace term "Amortization" with "Step-down", this terms are similar.