Business Dictionary :
Amex, Amortize and Amount

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Amex : noun - informal : American Stock Exchange - American Express

Amortize : verb : to payoff (a debt) by putting money aside regularly over a period of time

• The capital cost is amortized over five years.

Amortizable : adjective : something which can be amortized

• The capital cost is amortizable over a period of ten years.

Amortization : noun : act of amortizing

• Amortization of a debt

Amount : noun : quantity of money

• Amount paid

• Amount deducted

• Amount owing

• Amount written off

• What is the amount outstanding?

• A small amount has been invested in gilt-edged stock.

Amount : verb : to amount to = to make a total of

• Their debts amount to over £1m.

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