'amortization' definitions:

Definition of 'amortization'

From: WordNet
noun
The reduction of the value of an asset by prorating its cost over a period of years [syn: amortization, amortisation]
noun
Payment of an obligation in a series of installments or transfers [syn: amortization, amortisation]

Synonyms of 'amortization'

From: Moby Thesaurus