What is another word for amortization?

Pronunciation: [ɐmˌɔːta͡ɪzˈe͡ɪʃən] (IPA)

Amortization is a term that is commonly used in the finance and accounting industry to refer to the process of paying off debt over time. However, there are several synonyms for this term that can be used depending on the context. For instance, the term depreciation can be used when referring to the gradual decrease in the value of assets over time. Similarly, the term depletion can be used when referring to the gradual exhaustion of natural resources. Another synonym that can be used for amortization is the term installment payment, which refers to the regular payments made to pay off a loan or debt. Overall, these synonyms can help to provide clarity and variety when discussing financial terms.

Synonyms for Amortization:

What are the paraphrases for Amortization?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Amortization?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    debt repayment, Accounting term, Financial Concepts, fiscal strategy, payment process.

What are the opposite words for amortization?

The antonym for the word amortization is "balloon payment." Amortization refers to the gradual reduction of a debt by regular payments of principal and interest, while a balloon payment is a lump sum payment made at the end of a loan term. In other words, when a loan is amortized, it is paid off over time, but with a balloon payment, the borrower has to pay the entire loan balance in one go. Balloon payments are more commonly used in short-term loans or when the borrower expects to receive a large sum of money in the future. Thus, amortization and balloon payment are two opposite ways of paying off a loan.

What are the antonyms for Amortization?

Usage examples for Amortization

The establishment of a sinking fund for payment of interest and amortization of these bonds frequently constitutes a very heavy drain upon the residents of the district.
"A Living from the Land"
William B. Duryee
No mistake is more frequent than the mistake made in underestimating the length of time needed to buy a farm and to pay for it under the amortization plan-that is to say, by yearly installments, which include, with interest, a portion of the capital.
"A Stake in the Land"
Peter Alexander Speek
Now some of them are for longer periods and provide for monthly amortization charges by which the mortgage is paid in full by the end of the time specified.
"If You're Going to Live in the Country"
Thomas H. Ormsbee and Richmond Huntley

Famous quotes with Amortization

  • I had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They're consuming real estate, not investing in it.
    Chris Cooper
  • After all, sustainability means running the global environment - Earth Inc. - like a corporation: with depreciation, amortization and maintenance accounts. In other words, keeping the asset whole, rather than undermining your natural capital.
    Maurice Strong

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