AMORTIZATIONS

Noun

amortizations

plural of amortization

Source: Wiktionary


AMORTIZATION

A*mor`ti*za"tion, n. Etym: [LL. amortisatio, admortizatio. See Amortize, and cf. Admortization.]

1. (Law)

Definition: The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.

2. The extinction of a debt, usually by means of a sinking fund; also, the money thus paid. Simmonds.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

21 April 2025

ENCYCLOPEDIA

(noun) a reference work (often in several volumes) containing articles on various topics (often arranged in alphabetical order) dealing with the entire range of human knowledge or with some particular specialty


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Coffee Trivia

There are four varieties of commercially viable coffee: Arabica, Liberica, Excelsa, and Robusta. Growers predominantly plant the Arabica species. Although less popular, Robusta tastes slightly more bitter and contains more caffeine.

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