Amortization
English Translation from English to English dictionary online for the word Amortization
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1 n.
The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
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2 n.
The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.
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3 n.
The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
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4 n.
The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.