amortisointi — meaning in English
Finnish → English · translate English → Finnish instead
English meaning
- amortization 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.
Senses
amortisointi is used for these senses in English:
- amortization The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
amortization — full definition
- 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.
- 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.