amortize a debt

  • 1amortize — [[t]əmɔ͟ː(r)taɪz, AM æ̱mər [/t]] amortizes, amortizing, amortized VERB In finance, if you amortize a debt, you pay it back in regular payments. [TECHNICAL] [V n] There s little advantage to amortizing the loan, especially on a 30 or 40 year basis …

    English dictionary

  • 2amortize — amor·tize / a mər ˌtīz, ə mȯr / vt tized, tiz·ing: to reduce (an amount) gradually: as a: to pay off (as a loan) gradually usu. by periodic payments of principal and interest or payments to a sinking fund b: to gradually reduce the cost of (as… …

    Law dictionary

  • 3amortize — a‧mor‧tize [əˈmɔːtaɪz ǁ ˈæmər ] also amortise verb [transitive] 1. ACCOUNTING 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 …

    Financial and business terms

  • 4amortize — (Amer.) a·mor·tize || É™ mɔːtaɪz v. settle a debt through periodic payments to a creditor or to a sinking fund; pay off a debt gradually, become depreciated (also amortise) …

    English contemporary dictionary

  • 5Amortize — A*mor tize, v. t. [OE. amortisen, LL. amortisare, admortizare, F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See {Mortmain}]. 1. To make as if dead; to destroy. [Obs.] Chaucer. [1913 Webster] 2. (Law) To alienate in mortmain …

    The Collaborative International Dictionary of English

  • 6amortize — (v.) late 14c., from O.Fr. amortiss , prp. stem of amortir deaden, from V.L. *admortire to extinguish, from ad to (see AD (Cf. ad )) + mortus dead, from L. mors death (see MORTAL (Cf …

    Etymology dictionary

  • 7amortize — (also amortise) ► VERB ▪ gradually write off (a cost) or reduce (a debt). DERIVATIVES amortization noun. ORIGIN Old French amortir, from Latin mors death …

    English terms dictionary

  • 8amortize — [am′ər tīz΄, ə môr′tīz] vt. amortized, amortizing [ME amortisen < extended stem of OFr amortir, to extinguish, sell in mortmain (< ML amortire); or < ML amortizare; both ML forms < L ad, to + mors, death: see MORTAL] 1. to put money… …

    English World dictionary

  • 9amortize — amortizable, adj. /am euhr tuyz , euh mawr tuyz/, v.t., amortized, amortizing. 1. Finance. a. to liquidate or extinguish (a mortgage, debt, or other obligation), esp. by periodic payments to the creditor or to a sinking fund. b. to write off a… …

    Universalium

  • 10amortize — verb 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. Ant …

    Wiktionary