amortizing

Variant of amortize

transitive verb amortized, amortizing

  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

Origin: 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

Related Forms:

Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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