Amortization Meaning in Urdu: ادائیگی کا حساب
Amortization, pronounced as “uh-mawr-tuh-zey-shuhn,” is a financial term that refers to the process of gradually paying off a debt or loan over a specific period of time. In Urdu, it is known as “ادائیگی کا حساب” which translates to “account of repayment.”
Synonyms of Amortization:
- Repayment (ادائیگی)
- Settlement (تسویہ)
- Clearance (خالص)
Antonyms of Amortization:
- Debt (قرض)
- Obligation (ذمہ داری)
- Liability (ذمہ داری)
Nearby Words:
- Amortize (verb) – ادائیگی کرنا
- Amortizable (adjective) – قابل ادائیگی
- Amortization Schedule (noun) – ادائیگی کا شیڈول
Origin of the Word Amortization:
The word “amortization” originated from the Latin word “amortire,” which means “to kill” or “to extinguish.” In the context of finance, it refers to the gradual reduction or elimination of a debt.
Examples Sentences:
- I will amortize the loan over a period of five years. (میں قرض کو پانچ سال کے دوران ادائیگی کروں گا۔)
- The company has a well-structured amortization plan. (کمپنی کے پاس ایک اچھی ساخت کا ادائیگی کا منصوبہ ہے۔)
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