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amortize

verb [T] formal (UK usually amortise)
 
 
/əˈmɔː.taɪz/ US  /æmˈɔːr-/

Definition

to reduce a debt by paying small regular amounts: The value of the machinery is amortized over its estimated useful life.Borrowing, lending and debt amortizable (UK usually amortisable)
 
 
/əˈmɔː.taɪ.zə.bl̩/ US  /ˌæm.ɔːrˈtaɪ-/ adjective
amortization (UK usually amortisation)
 
 
/əˌmɔː.tɪˈzeɪ.ʃən/ US  /æmˌɔːr.t̬ə-/ noun [U]
(Definition of amortize verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
Focus on the pronunciation of amortize