Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “amortize”

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]
(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

Translations of “amortize”

Word of the Day

see the light of day

When something sees the light of day, it appears for the first time.

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More