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 repay a mortgage with regular payments that cover both principal and interest
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
the process of debt reduction by a series of payments that are applied to both interest and principal
To write off the cost of an asset over a fixed period of time Generally used for intangibles, deferred charges, and depletable natural assets
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 )
To pay a debt in periodic amounts until the total amount, including any interest, is paid
the gradual reduction of a debt by making periodic payments until the total has been satisfied
Gradual payment of a debt through regular installments that cover both interest and principal
(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
- To reduce a debt by regular payments of both principal and interest, as opposed to interest only payments
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 )
{f} settle a debt through periodic payments to a creditor or to a sinking fund; pay off a debt gradually, become depreciated (also amortise)