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单词 amortization
释义 amortization, -isation|əˌmɔːtɪˈzeɪʃən|
[ad. med.L. a(d)mortizātiōn-em, n. of action f. amortizā-re: see next.]
1. The action of alienating lands in mortmain; ‘that is to some community that never is to cease.’ J. ? Obs.
1672Manley Interpr., Amortization..est prædiorum translatio in manum mortuam.1726Ayliffe Parergon 88 After the Laws of Amortisation were devised.1756Nugent Montesquieu (1758) II. xxi. xvi. 57 This confiscation was a species of the right of amortisation.
2. The extinction of a debt, or of any pecuniary liability, especially by means of a sinking fund. Also concr. the sum paid towards such extinction.
[Not in Craig 1847, Worcester 1859.]1864Webster cites Simmonds.1866Daily Tel. 23 Jan. 6/1 The half-yearly three per cent. dividend and three per cent. amortisation fund.1867Lond. Rev. 28 Sept. 344/1 Every available resource for the amortization of the debt.1883Pall Mall G. 17 Mar. 5/2 An annual sum of 67,662l. for interest, and 11,277l. as amortization.
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