Vocab Bloom Hub

amortisation

/əˌmɔːr.tɪˈzeɪ.ʃən/

1 entry

noun

C1formalcommonbusiness/əˌmɔːr.tɪˈzeɪ.ʃən/

uncountable

A noun referring to the process of gradually reducing the value of an asset over its useful life, or the repayment of a debt through a series of scheduled installments.

  • 🇷🇺Существительное, обозначающее процесс постепенного уменьшения стоимости актива в течение срока его полезного использования или погашения долга серией запланированных платежей.
  1. Asset value reduction B2 formal business

    The process of gradually reducing the recorded cost of an intangible asset over its useful life.

    • The company recorded the amortisation of its patents over ten years.
    • Amortisation of goodwill is a standard accounting practice.
    • The accountant calculated the annual amortisation expense for the software license.

    🇷🇺Амортизация

    Synonyms: depreciation

    Antonyms: accretionappreciationincrease

  2. Debt repayment B2 formal business

    The process of paying off a debt over time through regular, scheduled payments of principal and interest.

    • The loan amortisation schedule shows each monthly payment.
    • Amortisation of the mortgage will take 30 years.
    • They structured the debt amortisation to match their cash flow.

    🇷🇺Погашение долга

    Synonyms: liquidationpayoffredemptionrepaymentsettlement

  • amortisations plural form
  • amortisations' possessive plural form
  • amortisation's possessive singular form