amortize

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UK:^*^*UK and possibly other pronunciationsUK and possibly other pronunciations/əˈmɔː^rtaɪz/

US:USA pronunciation: IPAUSA pronunciation: IPA/ˈæmɚˌtaɪz, əˈmɔrtaɪz/

US:USA pronunciation: respellingUSA pronunciation: respelling(am′ər tīz′, ə môr′tīz)

Inflections of 'amortize' (v): (⇒ conjugate)

amortizes: v 3rd person singular (US & UK)

amortizing: v pres p (US & UK)

amortized: v past (US & UK)

amortized: v past p (US & UK)

am•or•tize /ˈæmɚˌtaɪz, əˈmɔrtaɪz/USA pronunciation v. [~ + object], -tized, -tiz•ing.

Businessto complete the payment of (a debt) by periodic payments to the creditor:amortized the loan.
to write off the cost of (an asset) gradually:to amortize an expense over five years.

am•or•ti•za•tion /ˈæmɚtəˈzeɪʃən/USA pronunciation n. [uncountable]See -mort-.

am•or•tize (am′ər tīz′, ə môr′tīz),USA pronunciation v.t., -tized, -tiz•ing.

[Finance.]
- to liquidate or extinguish (a mortgage, debt, or other obligation), esp. by periodic payments to the creditor or to a sinking fund.
- to write off a cost of (an asset) gradually.
[Old Eng. Law.]to convey to a corporation or church group;
alienate in mortmain.

Also,[esp. Brit.,] am′or•tise′.

Vulgar Latin *a(d)mortīre (derivative of Latin mors, stem mort- death, with ad- ad-); -ize later replacing -is(s)-, probably by association with Anglo-Latin a(d)mortizāre
Anglo-French, Old French amortiss-, long stem of amortir literally, to kill, die
Middle English amortisen 1375–1425

am′or•tiz′a•ble, adj.

Collins Concise English Dictionary © HarperCollins Publishers::

amortize, amortise /əˈmɔːtaɪz/ vb (transitive)

to liquidate (a debt, mortgage, etc) by instalment payments or by periodic transfers to a sinking fund
to write off (a wasting asset) by annual transfers to a sinking fund
(formerly) to transfer (lands, etc) in mortmain

Etymology: 14th Century: from Medieval Latin admortizāre, from Old French amortir to reduce to the point of death, ultimately from Latin ad to + mors death

'amortize' also found in these entries (note: many are not synonyms or translations):

amortization - amortizement - pay - write

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⇱ amortize - WordReference.com Dictionary of English

amortize