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English
amortize
æmˈɔːr.taɪz, əˈmɔɹtaɪz, əˈmɔːtaɪz, ˈæmɚtaɪz
Meaning: to pay off a debt or spread costs over time
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Verb inflections
| Form | Inflected form |
|---|---|
| Base | amortize |
| 3rd person singular present | amortizes |
| Present participle | amortizing |
| Past | amortized |
| Will future | will amortize |
| Going-to future | going to amortize |
| Imperative negative | don't amortize / do not amortize |
Example
They decided to amortize the debt over ten years.
Usage Notes
Commonly used in finance and accounting to describe paying off a loan in regular installments or spreading the cost of an asset over its useful life.
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