amortize
About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.
About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.am·or·tize
transitive verb \ˈa-mər-ˌtīz also ə-ˈmȯr-\am·or·tizedam·or·tiz·ing
Definition of AMORTIZE
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 \-ˌtī-zə-bəl\ adjective
Origin of AMORTIZE
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
First Known Use: 1867
Other Business Terms
Learn More About AMORTIZE
Browse
Next Word in the Dictionary: amortizement
Previous Word in the Dictionary: amortization
All Words Near: amortize
Previous Word in the Dictionary: amortization
All Words Near: amortize
Seen & Heard 
What made you want to look up amortize? Please tell us where you read or heard it (including the quote, if possible).
