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1. (v.t.) amortize
to liquidate (a debt), esp. by periodic payments to the creditor.
2. amortize
to write off a cost of (an asset) gradually.
Etymology: (1375–1425; < AF, OF amortiss-, long s. of amortir lit., to kill, die < VL *a(d)mortīre=a-, ad-ad-+
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| Definition of 'amortize' |
Princeton's WordNet |
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1. (verb) amortize, amortise
liquidate gradually
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| Definition of 'amortize' |
Webster Dictionary |
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1. (verb) amortize
to make as if dead; to destroy
2. (verb) amortize
to alienate in mortmain, that is, to convey to a corporation. See Mortmain
3. (verb) amortize
to clear off or extinguish, as a debt, usually by means of a sinking fund
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