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Amortization  (debt) - Financial definition

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Translations:      FR  amortissement (n.m.)     ES  amortizaciĆ³n (n.f.)     DE  Abschreibung (n.f.) , Amortisierung (n.f.) , Tilgung (n.f.) 

Concise definition of the term amortization

When talking about debt, the term amortization refers to the process of spreading redemption payments over a number of periods.

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