Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “amortize”

See all translations

amortize

verb [T] ( UK also amortise)
 
 
/əˈmɔːtaɪz/
ACCOUNTING, TAX to spread the value or cost of an asset in accounts over a number of years: amortize sth over sth Companies use depreciation to amortize fixed assets over their usable life. The value of the machinery is amortized over its estimated useful life. →  Compare depreciate
to reduce a debt by paying small regular amounts: When asked what tolls would be required to amortize the payments under the contracts, he said the figures were astronomical.
amortization ( UK also amortisation) /əˌmɔːtɪˈzeɪʃən/ US   /æmˌɔːrṱə-/ noun [U]
Translations of “amortize”
in Chinese (Traditional) 分期償還(債務)…
in Chinese (Simplified) 分期偿还(债务)…
(Definition of amortize from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of amortize?
Add Cambridge dictionaries to your browser to your website

Definitions of “amortize” in other dictionaries

Word of the Day

be in/out of luck

to be able/unable to have or do what you want

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More