amortization

[US]/ˌæm.ɔːr.taɪˈzeɪ.ʃən/
[UK]/ˌæm.ɔːr.t̬iˈzeɪ.ʃən/
Frequency: Very High

Translation

n.The process of gradually paying off a debt or expense over time.; A payment schedule that spreads out the cost of an item over time.
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