What does amortize mean?

Definitions for amortize
ˈæm ərˌtaɪz, əˈmɔr taɪzamor·tize

This dictionary definitions page includes all the possible meanings, example usage and translations of the word amortize.

Princeton's WordNet

  1. amortize, amortiseverb

    liquidate gradually

Wiktionary

  1. amortizeverb

    To alienate (property) in mortmain.

  2. amortizeverb

    To wipe out (a debt, liability etc.) gradually or in installments.

  3. Etymology: From (the stem of) amortir, probably from *, from ad + mortem.

Samuel Johnson's Dictionary

  1. To AMORTIZEverb

    To alien lands or tenements to any corporation, guild or fraternity, and their successors; which cannot be done without licence of the king, and the lord of the manour. Blount.

    Etymology: amortir, Fr.

    This did concern the kingdom to have farms sufficient to maintain an able body out of penury, and to amortize part of the lands unto the yeomanry, or middle part of the people. Francis Bacon, Henry VII.

ChatGPT

  1. amortize

    Amortize is a financial term that refers to the act of gradually paying off debt over a specific period of time through regular payments. These payments often include both the principal amount and the interest on the debt. This method can be applied to loans, mortgages, or other types of debts. The purpose of amortization is to reduce financial risk by spreading the total repayment obligation over a longer duration.

Webster Dictionary

  1. Amortizeverb

    to make as if dead; to destroy

  2. Amortizeverb

    to alienate in mortmain, that is, to convey to a corporation. See Mortmain

  3. Amortizeverb

    to clear off or extinguish, as a debt, usually by means of a sinking fund

  4. Etymology: [OE. amortisen, LL. amortisare, admortizare, F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See Mortmain]

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Numerology

  1. Chaldean Numerology

    The numerical value of amortize in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of amortize in Pythagorean Numerology is: 8

Examples of amortize in a Sentence

  1. Eric Cannon:

    Even if we amortize it across a lifetime.

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"amortize." Definitions.net. STANDS4 LLC, 2024. Web. 9 Dec. 2024. <https://www.definitions.net/definition/amortize>.

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