amortize - definition in the Business English Dictionary - Cambridge Dictionaries Online

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

extra time

a period of time in a sports game in which play continues if neither team has won in the usual time allowed for the game

Word of the Day

She’s got very good posture. (How we stand and sit)

by Liz Walter,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ancestral health noun

May 25, 2015
diet based on the presumed diet of our Palaeolithic ancestors ‘Ancestral health,’ to use a term popular among Paleo followers, has gone mass.

Read More