Reduce a debt by regular payments of both principal and interest ("Fully amortizing" means payments scheduled to pay off the debt completely during a set term )
To liquidate on an instalment basis; an amortized loan is one on which the principal amount of the loan is repaid in instalments during the life of the loan
To periodically charge a fractional part of the cost of an item as an operating expense For instance, an expense of $1,000 per year for ten years might be charged for a machine costing $10,000
Literally, to kill off, to make dead in business, it means to put money aside at intervals in order to provide in advance of maturity for the payment of a debt
To pay off in regular installments (monthly) over a loan term The payments (installments) are generally the same amount (Amortized loans differ from term loans in this way )
(1) To repay a loan, for example, a mortgage, by means of a series of small payments, usually a combination of principal repayment and interest charges, rather than one lump sum at the end of the term (2) To consider, for accounting and management purposes, one unusually large investment at a single time as really being a series of smaller expenses over a period of time
Literally, to kill off, to make dead in business; it means to put money aside at intervals in order to provide funds in advance of maturity for the payment of a debt
amor·tize amortizes amortizing amortized in BRIT, also use amortise In finance, if you amortize a debt, you pay it back in regular payments. Business expenses had to be amortized over a 60 month period. = pay off. to pay a debt by making regular payments (amortir, from admortire , from ad- + mors )
() Middle English amortisen (“to kill, alienate in mortmain”), from Anglo-Norman amorteser, alteration of amortir (Modern French: amortir), from Vulgar Latin admortire (“to kill”), from Latin ad- (“to”) + mort-, mors (“death”); literally “to put to death”. Cognate to Italian ammortire, Romanian amorţi.