amortise
Definition from Wiktionary, the free dictionary
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[edit] English
[edit] Alternative forms
[edit] Etymology
Middle English amortisen (“to kill, alienate in mortmain”), from Anglo-Norman amorteser, alteration of amortir (Modern French: amortir), from Vulgar Latin admortire (“to kill”), from Latin ad- (“to”) + mort-, mors (“death”); literally “to put to death”.
Cognate to Italian ammortire, Romanian amorţi.
[edit] Verb
amortise (third-person singular simple present amortises, present participle amortising, simple past and past participle amortised)
- (transitive) To decrease an amount gradually or in installments, especially in order to write off an expenditure or liquidate a debt.
- He obtained a mortgage with the interest payments amortised over the life of the loan.
[edit] Translations
decrease debt in installments
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