Meaning of the word amortize in English
What does amortize mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
amortize
US /ˈæm.ɔːr.taɪz/
UK /əˈmɔː.taɪz/
Verb
to reduce a debt by paying regular amounts of money over a period of time
Example:
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The company plans to amortize the loan over 15 years.
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You can amortize the cost of the new equipment over several years.