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TeachMeFinance.com - explain Amortization Amortization The term 'Amortization ' as it applies to the area of Medicare in the United States can be defined as ' Process of the gradual retirement of an outstanding debt by making periodic payments to the trust fund'. Previous 5 Terms: ammeter Ammonia Ammonium Amorphous Silicon Amortization Next 5 Terms: AMOS amp ampelidious Amperage Ampere About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.