Amortisation is a term describing either, in accounting speak, the action of writing off an intangible asset over time or, in the debt world, repaying part of the principal of the loan on a regular basis (a bit like a repayment mortgage).
Amortisation is a term describing either, in accounting speak, the action of writing off an intangible asset over time or, in the debt world, repaying part of the principal of the loan on a regular basis (a bit like a repayment mortgage).