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amortized value
am·or·tized val·ue (plural am·or·tized val·ues)


noun 
Definition:
 
value of amortized security: the declining value of an asset, reduced according to a fixed calculation as its useful economic life decreases
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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