Sentence example with the word 'amortization'

amortization

abalienation, assignment, cession, conveyancing, demise, down payment, hire purchase plan, never-never, payoff, sale, trading

Definition n. the reduction of the value of an asset by prorating its cost over a period of years

Last update: August 3, 2015


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Ten years later, when the currency had fallen to 51 pence per milreis, the government found itself unable to meet the interest obligations on its debt and railway guarantees, and an arrangement was made with its creditors in London for the issue of a 5% funding loan to an amount not to exceed £10,000,000, and the suspension of all amortization for thirteen years.   [Please select]

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Assuming interest at 5 per cent, this will raise the annual payment to $2,150,000,000 without allowance for amortization.   [Please select]

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These bearer bonds carry interest at 2-1/2 per cent per annum from 1921 to 1925, and at 5 per cent _plus_ 1 per cent for amortization thereafter.   [Please select]

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amort - amortization - amount