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amortize

One entry found.

Main Entry:
am·or·tize 
          Listen to the pronunciation of amortize
Pronunciation:
\ˈa-mər-ˌtīz also ə-ˈmr-\
Function:
transitive verb
Inflected Form(s):
am·or·tized; am·or·tiz·ing
Etymology:
Middle English amortisen to kill, alienate in mortmain, from Anglo-French amorteser, alteration of amortir, from Vulgar Latin *admortire to kill, from Latin ad- + mort-, mors death — more at murder
Date:
1867
1 : to pay off (as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund 2 : to gradually reduce or write off the cost or value of (as an asset) <amortize goodwill> <amortize machinery>
am·or·tiz·able 
          Listen to the pronunciation of amortizable \-ˌtī-zə-bəl\ adjective


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