- The act or right of alienating lands to a
corporation, which was considered formerly as transferring them to dead
hands, or in mortmain. - The extinction of a debt, usually by means of a
sinking fund; also, the money thus paid.
Straight-line method of amortization Straight-line method of amortization is a method of amortizing bond discount or bond premium that results in allocating the same amount to interest expense in each interest period.
Amortization Schedule Amortization means the allocation of the cost of an intangible asset to expense over its useful life in a systematic and rational manner...
Definition
[ n.]