amortized

[US]/əˈmɔːr.taɪzd/
[UK]/ˌæm.ˈɔːr.t̬aɪzd/
Frequency: Very High

Translation

v.to repay (a debt) in installments over a period of time

Phrases & Collocations

amortized loan

amortized cost

amortized expense

amortized payment

amortize debt

amortized over time

Example Sentences

the loan payments were amortized over 20 years.

the company's expenses were amortized over several periods.

the cost of the software was amortized annually.

the patent was amortized over its useful life.

the asset's value was amortized over time due to wear and tear.

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