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amortize
Word family
a·mor·tize (also amortise British English) /əˈmɔːtaɪz $ ˈæmərtaɪz/ verb [transitiveT]
—amortization /æˌmɔːtaɪˈzeɪʃən $ ˌæmərtə-/ noun [countableC, uncountableU]
Examples from the Corpus
From Longman Business Dictionary
amortizea·mor·tize /əˈmɔːtaɪzˈæmər-/ (also amortise British EnglishBrE) verb [transitiveT]
1ACCOUNTING to show the reduction in the value of an asset in a company’s accounts over a period of time
All acquisition expenses are amortized over 10 years.
→ see also depreciate2FINANCE to make repayments on a loan
The company reached agreement with its banks to amortize a loan balance of $73 million over two years.
(1300-1400) Old French amortir, from Vulgar Latin admortire “to deaden”, from Latin ad- “to” + mors “death”
a·mor·tize verb
Chinese
Syllable
Corpus
amortize
To pay, or to not pay money you owe: amortise, amortize, clear...
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