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.
Thesaurus: synonyms and related words
Borrowing & lending
- be in the hole idiom
- borrow
- bounce
- call it quits idiom
- call sth in
- credit
- credit risk
- debenture
- fire sale
- gearing
- leveraged buyout
- liability
- liquidate
- national debt
- pay
- put sth up
- reschedule
- slate
- term
- tick
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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/