Looking for the meaning of the word AMORTIZES in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of AMORTIZES with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Amortize
Speech Type: Verb
Etymology:
late Middle English (in the senses ‘deaden’ and ‘transfer (land) to a corporation in mortmain’): from Old French amortiss-, lengthened stem of amortir, based on Latin ad ‘to, at’ + mors, mort- ‘death’
Audio Pronunciation:
Phonetic Spelling:
əˈmɔːtʌɪz
Dialects: British English
Definition:
gradually write off the initial cost of (an asset) over a period
Short Definition:gradually write off initial cost of asset over period
Examples:- the vessel's owners could not amortize her high capital costs
Variant Forms:
- amortise
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