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Friday, May 17th, 2024
the Seventh Week after Easter
the Seventh Week after Easter
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Bible Encyclopedias
Amortization
1911 Encyclopedia Britannica
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(derived through the French from Lat. ad, and mortem, to death), literally an extinction or doing to death, a word formerly used of alienating lands in mortmain, and now for the paying off of a debt, particularly by means of a regular sinking-fund; thus "amortization" and "amortization fund" generally refer to the latter method of extinguishing some pecuniary liability.
Copyright Statement
These files are public domain.
These files are public domain.
Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Amortization'. 1911 Encyclopedia Britanica. https://www.studylight.org/encyclopedias/eng/bri/a/amortization.html. 1910.
Chisholm, Hugh, General Editor. Entry for 'Amortization'. 1911 Encyclopedia Britanica. https://www.studylight.org/encyclopedias/eng/bri/a/amortization.html. 1910.
