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Meaning of amortisation


1 definition found

From WordNet (r) 3.0 (2006) [wn]:

  amortisation
      n 1: the reduction of the value of an asset by prorating its
           cost over a period of years [syn: {amortization},
           {amortisation}]
      2: payment of an obligation in a series of installments or
         transfers [syn: {amortization}, {amortisation}]


WordNet ® Princeton University. http://wordnet.princeton.edu

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