What is another word for amortization?
Pronunciation: [ɐmˌɔːta͡ɪzˈe͡ɪʃən] (IPA) 
Amortization is a term that is commonly used in the finance and accounting industry to refer to the process of paying off debt over time. However, there are several synonyms for this term that can be used depending on the context. For instance, the term depreciation can be used when referring to the gradual decrease in the value of assets over time. Similarly, the term depletion can be used when referring to the gradual exhaustion of natural resources. Another synonym that can be used for amortization is the term installment payment, which refers to the regular payments made to pay off a loan or debt. Overall, these synonyms can help to provide clarity and variety when discussing financial terms.
