amortize

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, amortise [əˈmɔːtaɪz]

vb (tr)

1. (Economics, Accounting & Finance / Banking & Finance) Finance to liquidate (a debt, mortgage, etc.) by instalment payments or by periodic transfers to a sinking fund

2. (Economics, Accounting & Finance / Accounting & Book-keeping) to write off (a wasting asset) by annual transfers to a sinking fund

3. (Law) Property law (formerly) to transfer (lands, etc.) in mortmain

[from Medieval Latin admortizāre, from Old French amortir to reduce to the point of death, ultimately from Latin ad to + mors death]

amortizable , amortisable adj

Thesaurus

Verb

1.

amortize - liquidate gradually amortise liquidate, pay off - eliminate by paying off (debts)

Translations

amortize [əˈmɔːtaɪz] VT → amortizar

amortize [əˈmɔː^rtaɪz] amortise (British) vt (= pay off) [+ debt, cost, expenses] → amortir

amortize

vt debt → amortisieren, tilgen; costs → amortisieren