amortize
Write off gradually
Amortize means to pay off a debt gradually through regular installments that cover both principal and interest: a thirty-year amortized mortgage.
In accounting, to amortize is to spread the cost of an intangible asset over its useful life, the way depreciation works for physical assets.
The company amortized the software development costs over five years.
Chief school administrator
- interestAttention, stake, or fee
- paymentFulfilling a financial obligation
- installmentPeriodic partial payment
- schedulePlan of timed events
term · debt · borrower · lender · creditor · fixed-rate · adjustable-rate · refinance
Asset value reduction over time
- assetItem of value owned
- liabilityLegal or financial obligation
- equityImpartial treatment or ownership value
- ledgerFinancial record book
balance · writeoff · intangible · goodwill · impairment · expense · capitalize · residual
Binding tie or connection
- yieldProduce or relinquish
- portfolioCollected works or assets
- securityProtection from threat
- returnGo back again
capital · premium · discount · accretion · coupon · callable · duration · spread
Periodic partial payments
- paymentsMoney given for obligations
- prorateDistribute by fair shares
- distributionAllocation across recipients
- proportionalScaled to match another
phased · incremental · staggered · periodic · schedule · budgeting · cashflow · outlay
principal
Chief school administrator
- interestAttention, stake, or fee
- paymentFulfilling a financial obligation
- installmentPeriodic partial payment
schedule · term · debt · borrower · lender · creditor · fixed-rate · adjustable-rate · refinance · default
depreciation
Asset value reduction over time
- assetItem of value owned
- liabilityLegal or financial obligation
- equityImpartial treatment or ownership value
ledger · balance · writeoff · intangible · goodwill · impairment · expense · capitalize · residual · tangible
bond
Binding tie or connection
return · capital · premium · discount · accretion · coupon · callable · duration · spread · basis
installments
Periodic partial payments
- paymentsMoney given for obligations
- prorateDistribute by fair shares
- distributionAllocation across recipients
proportional · phased · incremental · staggered · periodic · schedule · budgeting · cashflow · outlay · evenly
amortizeaccrue
Increase by addition
accumulate · compound · build up · rack up · capitalize
amortization, amortized, amortise, amortizing, amortizes, amortising, amortizations, amortised