amortize
Finance.
to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund.
to write off a cost of (an asset) gradually.
Old English Law. to convey to a corporation or church group; alienate in mortmain.
Origin of amortize
1- Also especially British, am·or·tise .
Other words from amortize
- am·or·tiz·a·ble, adjective
- non·am·or·tiz·a·ble, adjective
- un·am·or·tized, adjective
Words Nearby amortize
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use amortize in a sentence
Through 2021, AD has been wading into worldwide launches, which help to raise site traffic and amortize content costs.
Architectural Digest will publish its first global print issue as part of revamped international rollout strategy | Sara Guaglione | November 30, 2021 | DigidayNonetheless, team owners get to amortize, or write off, those assets, even as they actually rise in value.
Eight Takeaways From ProPublica’s Investigation of How Sports Owners Use Their Teams to Avoid Taxes | by ProPublica | July 8, 2021 | ProPublicaSince there is no functional limit on the number of void years a team can write into a contract, Julio’s 2021 cap hit could be amortized over as many years as needed.
For most of these startups, once you have a customer using one financial product, much like traditional banks, they want you to use all of their other products as well to maximize customer value and amortize those high CAC costs.
Gusto is expanding from payroll into a full suite financial wellness platform | Danny Crichton | September 30, 2020 | TechCrunch
British Dictionary definitions for amortize
amortise
/ (əˈmɔːtaɪz) /
finance to liquidate (a debt, mortgage, etc) by instalment payments or by periodic transfers to a sinking fund
to write off (a wasting asset) by annual transfers to a sinking fund
property law (formerly) to transfer (lands, etc) in mortmain
Origin of amortize
1Derived forms of amortize
- amortizable or amortisable, adjective
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Browse