amortisement

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English

Etymology 1

From amortise +‎ -ment.

Noun

amortisement (countable and uncountable, plural amortisements)

  1. (obsolete) Synonym of amortization
    • 1898 September, Oren Taft, Jr., “Land Credit”, in The Journal of Political Economy, volume 6, number 4, page 477:
      For example, upon the basis of its present operations, the annual charge of the Preussiche-Hypotheken-Actien-Bank for a loan of $1000, payable in fifty-seven years, would be 4½ per cent. or $45 per annum—interest being calculated at the rate of 4 per cent. and the annual installment or amortisement at ½ per cent.
    • 1898, William Henry Maxwell, The Removal and Disposal of Town Refuse, page 313:
      It is estimated that, including amortisement, the expense would come to about 3.60f. per ton.
    • 1940, The Statist: A Journal of Practical Finance and Trade, page 218:
      A further concession which should be of great assistance in the financing of certain of the newer mining concerns is the reduction of the amortisement period for mines outside the Man Reef area from ten years to five, a concession of particular advantage to Western Holdings and similar enterprises.

Etymology 2

(This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium.)

Noun

amortisement (plural amortisements)

  1. (architecture) A decorative element that appears at the top of a roof, gable, arch, buttress, or other structure that comes to a peak.
    • 1911, Arthur Kingsley Porter, The Construction of Lombard and Gothic Vaults, page 13:
      It is easy to see, however, that the straight arch was constructed first, and that its keystone had an amortisement to which the second diagonal was to be attached. But the unskillful builders placed this amortisement not quite true, not precisely in the direction of the springing of the second diagonal.
    • 1925, The Jewelers' Circular - Volume 90, page 57:
      On top, as amortisement, a fleuron or a cross is formed.
    • 1962, Robert Boulanger, Athènes, Corinthe, Mycènes, Delphes, page 146:
      The roof forms an eight-sided pyramid composed of 24 trapezoidal marble slabs, their surfaces cut in relief to give the impression of tiles, and surmounted by a circular amortisement which serves as keystone.