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Amortization

Scope note

Gradual reduction of a financial obligation by payment of a part of the principal, contribution to a sinking fund, or the gradual depreciation of an asset.

Term type

AAT

Getty AAT term number

300055674

Broader Terms used

<economic concepts>

Term used for

amortisation

Created

13yrs ago

Citation for print

This page can be cited in the Harvard Bibliographic style using the text below:

The Fitzwilliam Museum (2024) "Terminology definition for: amortization" Web page available at: https://data.fitzmuseum.cam.ac.uk/id/terminology/term-591 Accessed: 2024-11-24 18:01:55

Citation for Wikipedia

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{{cite web|url=https://data.fitzmuseum.cam.ac.uk/id/terminology/term-591|title=Terminology definition for: amortization|author=The Fitzwilliam Museum|accessdate=2024-11-24 18:01:55|publisher=The University of Cambridge}}

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