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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
/ əˈmɔːtaɪz /
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
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Derived Forms
- aˈmortizable, adjective
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Other Words From
- amor·tiza·ble adjective
- non·amor·tiza·ble adjective
- un·amor·tized adjective
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Word History and Origins
Origin of amortize1
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Word History and Origins
Origin of amortize1
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Example Sentences
Through 2021, AD has been wading into worldwide launches, which help to raise site traffic and amortize content costs.
Nonetheless, team owners get to amortize, or write off, those assets, even as they actually rise in value.
Since 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.
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