amortization in Greek
amortization in Greek is απόσβεση — amortization means the process of paying off a debt in regular instalments over a set period, so that each payment covers interest and part of the principal until the balance reaches zero.
amortization in Greek
απόσβεση
Pronounced: aposvesi
The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
What does "amortization" mean?
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noun The process of paying off a debt in regular instalments over a set period, so that each payment covers interest and part of the principal until the balance reaches zero.
"Ask the lender for an amortization schedule so you can see how much of each payment is interest."
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noun In accounting, the spreading of the cost of an intangible asset, such as a patent or software licence, across the years in which it is expected to be useful.
"Amortization of the acquired trademarks reduced reported profit by $4 million."
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amortization in a sentence
- Ask the lender for an amortization schedule so you can see how much of each payment is interest.
- A thirty-year amortization keeps the monthly cost down but costs far more in total.
- Amortization of the acquired trademarks reduced reported profit by $4 million.
Common Greek translations
Frequently asked questions
What is "amortization" in Greek?
"amortization" in Greek is απόσβεση. amortization means: The process of paying off a debt in regular instalments over a set period, so that each payment covers interest and part of the principal until the balance reaches zero.
How do you pronounce απόσβεση?
"amortization" in Greek is απόσβεση, pronounced "aposvesi".
How do you use "amortization" in a sentence?
Example: "Ask the lender for an amortization schedule so you can see how much of each payment is interest." In Greek, "amortization" is απόσβεση.
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