Amortization
(n.) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
Amortization - Other Definitions
- (n.) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
- (n.) The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.
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