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amortize
[ am-er-tahyz, uh-mawr-tahyz ]
verb (used with object)
- 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.
amortize
/ əˈɔːٲɪ /
verb
- 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
Derived Forms
- ˈǰپ, adjective
Other yvlog Forms
- o·پa· adjective
- non·o·پa· adjective
- ܲ·o·پ adjective
yvlog History and Origins
Origin of amortize1
yvlog History and Origins
Origin of amortize1
Example Sentences
Many factors go into the price of the ticket, from the costs of gas and crew salaries — which have risen since the pandemic — to bigger-picture economics amortized over the course of an entire tour.
The sets, props and costumes cost around $1 million to produce, said Landmesser, a “not disproportionately large investment” shared by the Chicago and San Francisco companies and amortized through rentals.
"The concessionaire is getting another 35 years to manage that railway, thus he also has another 35 years to amortize the unamortized assets. So why is he deducting that sum from the concession payment?"
"It is concerning. You don’t want a big portfolio of negative amortizing mortgages," Rogers said.
Banks offering these products have reported that about C$260 billion of these amortize after 35 years, he added.
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