amortização — meaning in English
Portuguese → English · translate English → Portuguese 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.
- redemption noun The act of making up for past mistakes or wrongdoing and restoring one's reputation.
Senses
amortização 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.
- redemption The recovery, for a fee, of a pawned article.
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.
redemption — full definition
- noun The act of making up for past mistakes or wrongdoing and restoring one's reputation.
- noun The act of exchanging a voucher, bond, or points for its cash value.
- noun In religious use, salvation from sin.