amortize

[US]/əˈmɔːtˌaɪz/
[UK]/əˈmɔːrˌtaɪz/
Frequency: Very High

Translation

vto gradually reduce a debt or expense over time by making regular payments.; to spread the cost of an asset over its useful life.
Word Forms
Past Tenseamortized
Past Participleamortized
Present Participleamortizing
Third Person Singularamortizes

Phrases & Collocations

amortize debt

amortize expenses

amortized loan

amortize over time

amortize an asset

Example Sentences

the company plans to amortize the loan over 10 years.

we will amortize the cost of the equipment over its useful life.

the software license fees are amortized annually.

amortizing the debt will reduce monthly payments.

the bond's value is amortized over time.

Popular Words

Explore frequently searched vocabulary

Download App to Unlock Full Content

Want to learn vocabulary more efficiently? Download the DictoGo app and enjoy more vocabulary memorization and review features!

Download DictoGo Now