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amortizes

  • present tense form of amortize (3rd person singular).

Example Sentences

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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

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