amortization
🇺🇸
/ˌæmərtəˈzeɪʃn/
🇬🇧
/əˌmɔːtaɪˈzeɪʃn/
The process of gradually paying off a loan or debt over time through regular payments.
The bank offered a loan with a 30-year amortization period, which made it more affordable for us.
은행은 30년의 상환 기간을 제공하는 대출을 제공하여 저희에게 더욱 저렴하게 만들어 주었습니다.