Amortization
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
An alienation of lands or tenements in mortmain. The reduction of the property of lands or tenements to mortmain. As to financial matters, the extinguishment of an obligation or liability, generally by means of a sinking fund.