amortisation etymology

Etymology:

  • "Amortisation" is derived from the Late Latin "amortiō," meaning "to quench, to deaden."

Meaning:

  • Noun: The gradual reduction of a debt or other liability by regular payments.
  • Verb: To make regular payments to reduce a debt or liability.

Origin:

  • The concept of amortisation can be traced back to ancient times, when farmers would repay loans by gradually selling off their produce.
  • The Latin term "amortiō" was first used in the 13th century to describe this process.
  • In modern financial terms, amortisation became widely used in the 19th century, particularly in the context of mortgages and other long-term loans.

Usage:

  • Amortisation is commonly used in the following contexts:
    • Mortgage payments that include a portion towards principal reduction.
    • Bond payments that gradually reduce the outstanding balance.
    • Depreciation of assets, such as buildings and equipment, over their useful life.

amortisation relate terms

  • amortization

    Etymology The word amortization comes from the French word amortir which means to d

  • amortize

    Etymology French amortir Latin ad to mortuus dead Meaning To extinguish or

  • advertise

    Etymology The word advertise originates from the Latin word advertere which me

  • devise

    Etymology French déviser to converse Latin divisus separated divided Meanin

  • surprise

    Etymology The word surprise is derived from the Old French word soprise meaning to

  • decrease

    Etymology Middle English decressen from Old French decroistre from Late Latin decr

  • introduce

    Etymology The Study of Word Origins Etymology is a branch of linguistics that investigat

  • reduction

    Etymology Reduction is derived from the Latin verb reducere which means to lead ba

  • diminution

    Etymology Old French diminucion Medieval Latin diminutio Latin dēminūtiō Meanin

  • opinion

    Etymology The word opinion originates from the Latin word opinio which means belief

  • account

    Etymology The word account comes from the Old French word acount which in turn deriv

  • entice

    Etymology The word entice comes from the Old French word enticer which in turn is d

  • osmosis

    Etymology Greek ὠσμός ōsmós meaning pushing thrusting impulse Meaning

  • manage

    Etymology Definition The study of the origin and history of words Origin Greek et

  • blacklist

    Etymology The word blacklist originated in the 19th century It is thought to have com