Meaning & use

unamortized

adjective·Academic

Last updated

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.

Words with a similar meaning

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Words with an opposite meaning

amortized

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