Pronunciation of amortization with 23 audio pronunciations
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International Phonetic Alphabet (IPA)IPA :əmɔːtəˈzeɪʃən
To cover the special risks of mining, capital should earn a higher interest than in ordinary business, and if we assume that the sinking-fund be safely invested, we must compute the amortization on a lower basis than 5%.
Assuming, for example, the life of the mine at ten years as before, and taking the interest to be earned by the amortization fund at 3%, and that on the investment at io%, we shall find that the annual income should amount to 18.7% per year.
In 1895 an arrangement was made for the reduction of interest to 4%, the beginning of amortization, and the creation of coffee warrants to be used in the payment of export duties on coffee assigned for the service of the debt.
The national expenditures are chiefly for the interest and amortization charges on the public debt, official salaries, military expenses in connexion with the army and navy, public works (including railway construction, port improvements, water and sewage works), the administration of the state rail
amortization pronunciation with meanings, synonyms, antonyms, translations, sentences and more