amortization in Spanish
amortization in Spanish is amortización — 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 Spanish
What does "amortization" mean?
-
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."
-
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."
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.
Similar words in Spanish
Common Spanish translations
Frequently asked questions
What is "amortization" in Spanish?
"amortization" in Spanish is amortización. 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 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 Spanish, "amortization" is amortización.