- present tense form of amortize (3rd person singular).
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Importantly, an installment loan "amortizes" – that is, part of each payment reduces the amount owed.
From US News • Jun. 1, 2016
We have a library we can draw on that amortizes the cost that makes it worthwhile.
From Los Angeles Times • Jul. 4, 2015
The effect is similar to how a mortgage amortizes: The portion of each payment that goes toward interest is at its highest the first month and decreases with each payment.
From Salon • May 13, 2013