Pronunciation of Amortization  

English Meaning

The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.

  1. The act or process of amortizing.
  2. The money set aside for this purpose.
  3. In reckoning the yield of a bond bought at a premium, the periodic subtraction from its current yield of a proportionate share of the premium between the purchase date and the maturity date.


The Usage is actually taken from the Verse(s) of English+Malayalam Holy Bible.


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