amortize Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “amortize” in the English Dictionary

"amortize" in British English

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amortizeverb [T]

formal (UK usually amortise) uk   /əˈmɔː.taɪz/  us   /æmˈɔːr-/
to ​reduce a ​debt by ​payingsmallregularamounts: The ​value of the ​machinery is amortized over ​itsestimatedusefullife.
amortizable
adjective (UK usually amortisable) uk   /əˈmɔː.taɪ.zə.bl̩/  us   /ˌæm.ɔːrˈtaɪ-/
amortization
noun [U] (UK usually amortisation) uk   /əˌmɔː.tɪˈzeɪ.ʃən/  us   /æmˌɔːr.t̬ə-/
(Definition of amortize from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"amortize" in Business English

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amortizeverb [T]

(UK also amortise) uk   us   /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 ​fixedassets over their usable ​life. The value of the ​machinery is amortized over its ​estimated useful ​life.
Compare
to ​reduce a ​debt by ​payingsmallregularamounts: When ​asked what ​tolls would be ​required to amortize the payments under the ​contracts, he said the ​figures were astronomical.
amortization
noun [U] ( UK also amortisation) /əˌmɔːtɪˈzeɪʃən/  us /æmˌɔːrṱə-/
Costs before ​depreciation and amortisation ​jumped 45% in a ​singleyear.
(Definition of amortize from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “amortize”
in Chinese (Simplified) 分期偿还(债务)…
in Chinese (Traditional) 分期償還(債務)…
What is the pronunciation of amortize?
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“amortize” in British English

“amortize” in Business English

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