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amortize
(redirected from amortises)

   Also found in: Financial 0.01 sec.
am·or·tize  (mr-tz, -môr-)
tr.v. am·or·tized, am·or·tiz·ing, am·or·tiz·es
1. To liquidate (a debt, such as a mortgage) by installment payments or payment into a sinking fund.
2. To write off an expenditure for (office equipment, for example) by prorating over a certain period.

[Middle English amortisen, to alienate in mortmain, from Old French amortir, amortiss-, from Vulgar Latin *admortre, to deaden : Latin ad-, ad- + Latin mors, mort-, death; see mer- in Indo-European roots.]

amor·tiza·ble adj.

amortize or -tise
Verb
[-tizing, -tized] or -tising, -tised Finance to pay off (a debt) gradually by periodic transfers to a sinking fund [Latin ad to + mors death]
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.amortize - liquidate gradually
liquidate, pay off - eliminate by paying off (debts)

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? Mentioned in ? References in periodicals archive
 
Under UK GAAP, WPP amortises a number of acquisitions where the life of the goodwill is determined to be finite.
The latter amortises over six annual instalments, but would become payable in full upon the occurrence of a sale.
Adecco amortises goodwill over its estimated life of five years.
 
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