Amortisement
noun ·Rare ·Advanced level
Definitions
- 1 Synonym of amortization. countable, obsolete, uncountable
"For example, upon the basis of its present operations, the annual charge of the Preussiche-Hypotheken-Actien-Bank for a loan of $1000, payable in fifty-seven years, would be 4½ per cent. or $45 per annum—interest being calculated at the rate of 4 per cent. and the annual installment or amortisement at ½ per cent."
- 2 A decorative element that appears at the top of a roof, gable, arch, buttress, or other structure that comes to a peak.
"It is easy to see, however, that the straight arch was constructed first, and that its keystone had an amortisement to which the second diagonal was to be attached. But the unskillful builders placed this amortisement not quite true, not precisely in the direction of the springing of the second diagonal."
Synonyms
All synonymsExample
More examples"For example, upon the basis of its present operations, the annual charge of the Preussiche-Hypotheken-Actien-Bank for a loan of $1000, payable in fifty-seven years, would be 4½ per cent. or $45 per annum—interest being calculated at the rate of 4 per cent. and the annual installment or amortisement at ½ per cent."
Etymology
From amortise + -ment.
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.