Meaning & use
unamortized
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Referring to the portion of a debt, loan, or cost that has not yet been paid off or written down over time.
See it in a sentence
The company still carried a large unamortized balance on its long-term bonds.
The unamortized cost of the equipment will be expensed over the next five years.
A note on using this word
A standard accounting term describing the remaining balance of a cost or loan spread over multiple periods.
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