amortize

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[edit] English

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[edit] Verb

Infinitive
to amortize

Third person singular
amortizes

Simple past
amortized

Past participle
amortized

Present participle
amortizing

to amortize (third-person singular simple present amortizes, present participle amortizing, simple past and past participle amortized)

  1. (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 amortized over the life of the loan.

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