amortizations
Meaning
The process of gradually paying off a debt over time through scheduled, periodic payments. (ঋণের সুদ ও মূলধনের পরিশোধের একটি প্রক্রিয়া)
Pronunciation
অ্যামরটাইজেশনস (ā'marṭā'i'jeṣonṣ)
Synonyms
repayment, settlement, clearance, discharge, liquidation, payment, settling, satisfaction
Synonyms
The loan repayment is scheduled for the end of each month.
The settlement of the mortgage will take place next year.
The clearance of the account was finalized after three years of payments.
The discharge of his student loans was a huge relief.
The liquidation process took over a year following the company's bankruptcy.
The payment required for the service was due yesterday.
They are settling their debts gradually.
He felt a great satisfaction after completing the amortization.
Antonyms
They are trying to avoid debt through careful budgeting.
Taking a loan can lead to more financial troubles.
The burden of unpaid loans can be overwhelming.
Defaulting on a loan can damage your credit score.
The deficiency in funds delayed the payment.
His loss in income made it difficult to make payments.
A delay in payments can result in penalties.
Negligence in making payments can lead to serious consequences.
Phrases
A principal payment reduces the overall debt amount.
The monthly amortization will begin after the loan is approved.
The amortization schedule outlines each payment due date.
Depreciation and amortization must be calculated in financial reports.
Some loans have a prepayment penalty for paying off early.