amortización (spanish) - meaning, definition, translation, pronunciation

Part of speech:

Noun

Phonetic transcription:

/amortiθaˈθjon/

Translation options into English:

Amortization, repayment, redemption

Meaning:

"Amortización" refers to the process of gradually paying off a debt or loan by making regular payments over a certain period of time. It is a financial term commonly used in the fields of economics, finance, and accounting.

This term is used both in oral and written contexts, especially in financial documents, loan agreements, and discussions related to debt repayment.

Examples:

1. Pagaremos la hipoteca mediante un plan de amortización de veinte años.
   Translation: We will pay off the mortgage through a twenty-year amortization plan.

2. La compañía implementó un programa de amortización para su deuda corporativa.
   Translation: The company implemented an amortization schedule for its corporate debt.

Idiomatic expressions:

• "Amortización acumulada"
• Translation: Accumulated depreciation

• Example: La amortización acumulada de la maquinaria de la fábrica es del 15% anual. (The accumulated depreciation of the machinery in the factory is 15% annually.)

• "Tabla de amortización"

• Translation: Amortization schedule
• Example: El banco te proporcionará una tabla de amortización con los pagos mensuales. (The bank will provide you with an amortization schedule with monthly payments.)

Etymology:

The word "amortización" comes from the Latin word "amortizare," which means to extinguish or pay off a debt.

Synonyms:

• Redención (Redemption)
• Pago (Payment)

Antonyms:

• Deuda (Debt)
• Impago (Non-payment)