Definition, Meaning & Synonyms

unamortized

Adjective
/ˌʌnəˈmɔːrtɪzd/
Definition
Not yet amortized or not subjected to the process of amortization.
Examples
  • The unamortized balance of a loan can affect your financial statements.
  • Always keep track of the unamortized expenses to avoid discrepancies in your budgeting.
Meaning
Refers to an asset or expense that has not yet had its cost distributed over time.
Synonyms
  • Non-amortized
  • Not amortized