Dictionary![]() ![]() am•or•ti•za•tionPronunciation: (am"ur-tu-zā'shun, u-môr"-), [key] —n. 1. an act or instance of amortizing a debt or other obligation. 2. the sums devoted to this purpose. Also,amortizement. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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