Definition of Amortize in English :
Define Amortize in English
Amortize meaning in English
Meaning of Amortize in English
Pronunciation of Amortize in English
Amortize pronunciation in English
Pronounce Amortize in English
Amortize
see synonyms of amortizeVerb
WordNet Lexical Database for English. Princeton University. 2010.
Amortize
see synonyms of amortizeverb (transitive)
1. finance
to liquidate (a debt, mortgage, etc) by instalment payments or by periodic transfers to a sinking fund
2.
to write off (a wasting asset) by annual transfers to a sinking fund
3. property law
(formerly) to transfer (lands, etc) in mortmain
Collins English Dictionary. Copyright © HarperCollins Publishers
Amortize
see synonyms of amortize verb transitiveWord forms: ˈamorˌtized or ˈamorˌtizing
1.
to put money aside at intervals, as in a sinking fund, for gradual payment of (a debt, etc.) either at or before maturity
2. Accounting
to write off (expenditures) by prorating over a fixed period
3. Law
to reduce, transfer, or sell (property) in mortmain
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.
Amortize
see synonyms of amortizetr.v. am·or·tized, am·or·tiz·ing, am·or·tiz·es
1. To liquidate (a debt, such as a mortgage) by installment payments or payment into a sinking fund.
2. To write off an expenditure for (an asset, especially an intangible one, such as a patent) by prorating over a certain period, usually the expected duration of the asset's benefit.
The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.