amortize Definition and Meaning in English (amortize definition)

verb
Synonyms:pay offliquidatesettle
Quick Answer • Definition

Amortize definition: To gradually pay off a debt or loan over a period of time through regular payments, or to gradually write off the cost of an asset.

Definitions of Amortize

  1. 1verb(formal)

    To gradually pay off a debt or loan over a period of time through regular payments, or to gradually write off the cost of an asset.

Example Sentences

business

“The company decided to amortize the cost of the new machinery over five years.”

Synonyms

Antonyms

borrowincur debt

Inflected Word Forms

past tenseamortized
present participleamortizing
nounamortization
adjectiveamortizable

Frequently Asked Questions: Amortize in English

What is the meaning of Amortize in English?▼
Amortize definition: To gradually pay off a debt or loan over a period of time through regular payments, or to gradually write off the cost of an asset.
How do you translate 'Amortize' to English?▼
'Amortize' translates to 'amortize' in English. Amortize definition: To gradually pay off a debt or loan over a period of time through regular payments, or to gradually write off the cost of an asset.
How do you pronounce 'Amortize' and 'amortize'?▼
Listen to clear English audio pronunciation of 'Amortize' and native English audio speech for 'amortize' with bilingual sentence examples on DictBridge.

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