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Definition of Amortize
1. Verb. Liquidate gradually.
Generic synonyms: Liquidate, Pay Off
Derivative terms: Amortisation, Amortization
Definition of Amortize
1. v. t. To make as if dead; to destroy.
Definition of Amortize
1. Verb. (transitive) To alienate (property) in mortmain. ¹
2. Verb. (transitive) To wipe out (a debt, liability etc.) gradually or in installments. ¹
¹ Source: wiktionary.com
Definition of Amortize
1. to liquidate gradually, as a debt [v -TIZED, -TIZING, -TIZES]
Lexicographical Neighbors of Amortize
Literary usage of Amortize
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Antiquary by Edward Walford, John Charles Cox, George Latimer Apperson (1888)
"soon as they are able after my decease, the royal assent being first obtained,
lawfully amortize the said croft with appurtenances to the use of the ..."
2. A New Law Dictionary and Institute of the Whole Law: For the Use of Students by Archibald Brown (1874)
"AMNESTY. An act of pardon or oblivion, such as that of 1660 (Restoration of
Charles II.). amortize. To alien in mortmain. AMPLIARE. ..."
3. Handbook of Mechanical and Electrical Cost Data: Giving Shipping Weights by Halbert Powers Gillette, Richard Turner Dana (1918)
"In brief, a financially strong company should provide a fund to amortize probable
functional depreciation in advance of its occurrence, while a financially ..."
4. Muscle Shoals: Hearings Before the Committee on Agriculture and Forestry by United States Congress. Senate. Committee on Agriculture and Forestry (1922)
"Now, if the United States really wishes to amortize these properties on this four
per cent sinking fund basis, compounded semi-annually, and get rid of the ..."
5. Valuation of Public Service Corporations: Legal and Economic Phases of by Robert Harvey Whitten (1912)
"But instead of being placed in a depreciation fund or reserve where it can never
be used for the specific purpose intended, it should be used to amortize ..."
6. History of the Society of Jesus in North America, Colonial and Federal. by Thomas Hughes (1908)
"It states that such [laymen] as would purchase new parks, and men of religion
that would amortize lands," shall have writs out of chancery to inquire upon ..."
7. The Economics of Mining by Herbert Hoover, R. Gilman Brown (1907)
"The best principle is that the company should not, as a company, attempt to amortize.
The value of its shares on a given earning, on the basis of ..."
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