amortize Hear it!

amortize Definition

am·or·tize (am′ər tīz′, ə môr′-)

transitive verb -·tized′, -·tiz′·ing

  1. to put money aside at intervals, as in a sinking fund, for gradual payment of (a debt, etc.) either at or before maturity
  2. Accounting to write off (expenditures) by prorating over a fixed period
  3. Law to reduce, transfer, or sell (property) in mortmain

Etymology: ME amortisen < extended stem of OFr amortir, to extinguish, sell in mortmain (< ML amortire); or < ML amortizare; both ML forms < L ad, to + mors, death: see mortal

amortize Related Forms

am′·or·tiz′·able adjective

amortize Law Definition

v

  1. To gradually extinguish a debt in advance of its maturity, usually by paying regular installments in excess of the accrued interest each time a periodic interest payment is due. See also sinking fund.
  2. To arrange to gradually extinguish a debt.
  3. To apportion the initial cost of an intangible asset each year over the course of the asset’s useful life until the entire cost has been used up.

amortize Usage Examples

Object

cost: Given that these clicks begin to approach free after amortizing the cost of SEO over time, the ROI for SEO is compelling.

Browse dictionary entries near amortize

  1. ‹ amortization
  2. ‹ amortise
  3. ‹ amorphous
  4. ‹ amorous
  5. ‹ Amorite
  6. ‹ amorist
  7. ‹ amoretto
  8. ‹ amoral
  9. ‹ amor vincit omnia
  10. ‹ amor patriae
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