Amortisation

gradual write-off

Part of speech: n Exam: BEC Topic: Finance Difficulty: ★★★★☆

Pronunciation: 🇺🇸 US/æmərtɪˈzeɪʃən/ 🇬🇧 UK/æmətɪˈzeɪʃən/

Definition

gradual write-off

The amortisation schedule spans ten years.

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