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amortize - definition and synonyms

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verb [transitive] business amortize pronunciation in American English /ˈæmərˌtaɪz/
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present tense
I/you/we/theyamortize
he/she/itamortizes
present participleamortizing
past tenseamortized
past participleamortized
  1. to pay back money that you owe by making payments at regular times
    The loan will be amortized over 25 years.

derived word

amortization

 amortize pronunciation in American English /əˌmɔrtɪˈzeɪʃ(ə)n/ noun [countable/uncountable]
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singularamortization
pluralamortizations

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