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Text File  |  1992-09-02  |  278b  |  8 lines
  1. In finance, the ending of a debt by paying it 
  2. off gradually, over a period of time. The 
  3. term is used to describe either the paying 
  4. off of a cash debt, or the accounting
  5. procedure by which the value of an asset is
  6. progressively reduced (`depreciated') over a
  7. number of years.
  8.