What is another word for amortizations?
Pronunciation: [ɐmˌɔːta͡ɪzˈe͡ɪʃənz] (IPA) 
Amortizations can be defined as the process of distributing the cost of an asset throughout its useful life. Some of the synonyms for amortizations include depreciation, write-off, allocation, expense, reduction, write-down, defrayal, and payment plan. Depreciation, write-off, and write-down are common terms used in the accounting field and refer to the reduction in the value of an asset over time. Allocation, expense, and reduction refer to the process of distributing the cost of an asset over a period. Payment plan and defrayal refer to the installment payments made towards a debt or loan. Understanding the different synonyms for amortizations can help to improve financial literacy and aid in making informed financial decisions.
