amortize
Definition from Wiktionary, the free dictionary
Contents |
[edit] English
[edit] Alternative forms
[edit] Etymology
American spelling of amortise; see there for further details.
[edit] Pronunciation
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Audio (US) (file)
[edit] Verb
amortize (third-person singular simple present amortizes, present participle amortizing, simple past and past participle amortized)
- (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.
[edit] Antonyms
[edit] Translations
decrease debt in installments