- Present participle of amortize.
Variant of amortize
transitive verbamortized, amortizing
- to put money aside at intervals, as in a sinking fund, for gradual payment of (a debt, etc.) either at or before maturity
- Accounting to write off (expenditures) by prorating over a fixed period
- Law to reduce, transfer, or sell (property) in mortmain
Origin of amortizeMiddle English amortisen ; from extended stem of Old French amortir, to extinguish, sell in mortmain (; from Medieval Latin amortire); or ; from Medieval Latin amortizare; both Medieval Latin forms ; from Classical Latin ad, to + mors, death: see mortal