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ammortamento

amortisation

noun ahm-mor-tah-MEN-toh Less Common
People & Society Money

Also means

depreciation

Usage Note

Ammortamento is masculine (l'ammortamento, plural gli ammortamenti). It is a technical accounting and finance term referring to the gradual write-off of a loan (ammortamento del mutuo) or the depreciation of a fixed asset. The double 'm' and double consonant across the hyphen are both held in pronunciation. Outside financial contexts it is rarely used.

Examples

"Il piano di ammortamento dura vent'anni."

Natural Translation

The amortisation plan lasts twenty years.

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