Amortization

What is Amortization?

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

2. payment of an obligation in a series of installments or transfers

The amortization table indicates how many payments must be made before the vehicle is paid in full.

See amortization, value, asset, depreciation

Ziegs

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Vod

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Virginia Tech

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Amortization Edit Meaning