amortize Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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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.taɪz/
to reduce a debt by paying small regular amounts: The value of the machinery is amortized over its estimated useful life.
amortizable
adjective (UK usually amortisable) uk   /əˈmɔː.taɪ.zə.bəl/  us   /ˌæm.ɔːrˈtaɪ.zə.bəl/
amortization
noun [U] (UK usually amortisation) uk   /əˌmɔː.tɪˈzeɪ.ʃən/  us   /æmˌɔːr.t̬əˈzeɪ.ʃən/
(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 fixed assets over their usable life. The value of the machinery is amortized over its estimated useful life.
Compare
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
noun [U] ( UK also amortisation) /əˌmɔːtɪˈzeɪʃən/  us /æmˌɔːrṱə-/
Costs before depreciation and amortisation jumped 45% in a single year.
(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)…
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“amortize” in British English

“amortize” in Business English

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