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The phrase "amortization process" is correct and usable in written English.
It can be used in financial contexts when discussing the gradual reduction of a debt or the allocation of the cost of an asset over time.
Example: "Understanding the amortization process is crucial for managing long-term loans effectively."
Alternatives: "depreciation method" or "loan repayment schedule".
Exact(1)
Refinancing after you've held onto the same mortgage for a long time restarts this amortization process.
Similar(59)
Amortization is the process of decreasing a loan amount by regular payments.
For instance, the rules now call for pension deficits to be closed over 30 years, in a process called amortization.
9. Amortization This is the process of paying off your debt in regular installments over a fixed period of time.
In terms of finance: The process of amortization of fixed assets (equipment) to spread the cost over the depreciable life of the assets.
Handy Real Estate Terms 9. Amortization This is the process of paying off your debt in regular installments over a fixed period of time.
Calculate the quarterly amortization rate of your mortgage.
This process is called amortization.
Currently, if you are enrolled in an income-driven repayment plan and your monthly payments don't cover the interest, your overall loan balance will continue to increase through a process called "negative amortization".
Premiums and discounts have to be allocated to the income statement gradually over the life of the bond - this process is called amortization.
Open image in new window Fig. 6 The total project construction cost of WWTPs containing EAAS, CAS, and SBR processes Open image in new window Fig. 7 The total operation, maintenance, material, chemical, energy, and amortization costs ($/year) of WWTPs containing EAAS, CAS, and SBR processes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com