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Amortisation vs Amortization - What's the difference?

amortisation | amortization | Alternative forms |

Amortization is a alternative form of amortisation.



As nouns the difference between amortisation and amortization

is that amortisation is an alternative spelling of lang=en while amortization is the reduction of loan principal over a series of payments.

amortisation

English

Alternative forms

* (US) amortization

Noun

(en noun)
  • amortization

    English

    Alternative forms

    * (UK) amortisation

    Noun

  • The reduction of loan principal over a series of payments.
  • The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
  • See also

    * depreciation (of tangible assets) * depletion (of natural resources) * * * (projectlink) * (projectlink)