un amortized

amortize

[am-er-tahyz, uh-mawr-tahyz]
verb (used with object), amortized, amortizing.
1.
Finance.
a.
to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund.
b.
to write off a cost of (an asset) gradually.
2.
Old English Law. to convey to a corporation or church group; alienate in mortmain.
Also, especially British, amortise.


Origin:
1375–1425; Middle English amortisen < Anglo-French, Old French amortiss-, long stem of amortir literally, to kill, die < Vulgar Latin *a(d)mortīre (derivative of Latin mors, stem mort- death, with ad- ad-); -ize later replacing -is(s)-, probably by association with Anglo-Latin a(d)mortizāre

amortizable, adjective
nonamortizable, adjective
unamortized, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
amortize or amortise (əˈmɔːtaɪz)
 
vb
1.  finance to liquidate (a debt, mortgage, etc) by instalment payments or by periodic transfers to a sinking fund
2.  to write off (a wasting asset) by annual transfers to a sinking fund
3.  property law (formerly) to transfer (lands, etc) in mortmain
 
[C14: from Medieval Latin admortizāre, from Old French amortir to reduce to the point of death, ultimately from Latin ad to + mors death]
 
amortise or amortise
 
vb
 
[C14: from Medieval Latin admortizāre, from Old French amortir to reduce to the point of death, ultimately from Latin ad to + mors death]
 
a'mortizable or amortise
 
adj
 
a'mortisable or amortise
 
adj

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin & History

amortize
late 14c., from O.Fr. amortiss-, prp. stem of amortir "deaden," from V.L. *admortire "to extinguish," from L. ad- "to" + mors (gen. mortis) "death" (see mortal). Originally a legal term for an act of alienating lands. Meaning "extinguish a debt" (in form amortization) is attested from 1864.
Online Etymology Dictionary, © 2010 Douglas Harper
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