say it: am-ur-ti-ZAY-shuhn
amortization is a noun meaning "the reduction of the value of an asset by prorating its cost over a period of years". It carries 2 recorded senses.
the reduction of the value of an asset by prorating its cost over a period of years
payment of an obligation in a series of installments or transfers
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for amortization come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.