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amortize
(redirected from amortized)

    Also found in: Financial, Wikipedia 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
amortise
liquidate, pay off - eliminate by paying off (debts)
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? Mentioned in ? References in periodicals archive
 
Finance Problem: Foreclosure activity in California and other Western housing markets is on the increase in part because high-risk adjustable-rate loans are beginning to reset to fully amortized payment schedules, the Los Angeles Daily News reported.
Finance problem by Los Angeles Business Journal
Start-up expenditures and organizational expenditures (including expenditures to organize a partnership) may be amortized over a period of not less than 60 months.
Consistent amortization of periods for intangibles by Crnkovich, Robert / The Tax Adviser
Statement 142 requires that goodwill no longer be amortized to earnings, but instead be reviewed for impairment.
FASB Issues Statements on Business Combinations, Goodwill by CPA Letter
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