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step-down vs amortization

amortization vs step-down

step-down and amortization both are nouns.

Word NounAdjectiveVerbAdverb
step-down Yes No No No
amortization Yes No No No
As nouns, amortization is a hyponym of step-down; that is, amortization is a word with a more specific, narrower meaning than step-down:
  • step-down: the act of decreasing or reducing something
  • amortization: the reduction of the value of an asset by prorating its cost over a period of years
step-down (noun) amortization (noun)
the act of decreasing or reducing something payment of an obligation in a series of installments or transfers
the reduction of the value of an asset by prorating its cost over a period of years
Difference between step-down and amortization

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