Words / A / Business

amortization

noun/əˌmɔːrtəˈzeɪʃən/

C1CEFR level
68/100Rarity: rare
TechnicalRegister

The gradual writing off of an intangible asset or the spreading of a loan's repayment over its term.

Stripping out amortization of the acquired patents lifts the segment's reported margin by four points.

Similar: write-off

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance