amortization definition

glossary: amortization definition

Glossary: amortization



Amortization is the process of reducing principal and interest in equal installment payments at specific intervals over a set term. Such payments must be sufficient to cover both principal and interest. Writing off an intangible asset investment over the projected life of the assets.

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Definition: amortization

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Glossary: amortization business plan definition - 2001-2003 HJ Ventures International, Inc.