amortize definition

  • verb-transitive:
    • To liquidate (a debt, such as for example home financing) by payments or repayment into a sinking fund.
    • to create down an expenditure for (company equipment, including) by prorating over a specific period.
    • to create as though dead; to destroy.
    • To alienate in mortmain, which, to mention to a corporation. See Mortmain.
    • To clear down or extinguish, as a debt, generally by way of a sinking fund.
  • verb:
    • To alienate (home) in mortmain.
    • To get rid of (a debt, obligation etc.) gradually or perhaps in installments.
    • liquidate slowly
  • others:
    • . To create dead; deaden; obliterate.
    • In law, to alienate in mortmain, this is certainly, to mention to a corporation, sole or aggregate, ecclesiastical or temporal, and their successors. See mortmain.
    • To extinguish, as a debt, through a sinking-fund.
    • To droop; hang as lifeless.

Related Sources

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