The meaning of AMORTIZE is to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund.

AMORTIZE meaning: 1. to reduce a debt or cost by paying small regular amounts: 2. to take a cost, for example the…. Learn more.

Nov 8, 2025 · Amortize means to gradually write off a cost over a period. Depreciation is recorded to reflect that an asset is no longer worth the previous carrying cost reflected on the financial …

There are two general definitions of amortization. The first is the systematic repayment of a loan over time. The second is used in the context of business accounting and is the act of …

to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund. to write off a cost of (an asset) gradually. Old English Law. …

Oct 17, 2025 · Amortization is the regular, fixed reduction in value of something over time. In finance, amortization commonly comes up in 2 main ways: with debt and with assets. With …

Definition of amortize verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Mortgage amortization describes the process of paying off your loan in installments over time. If you’re taking out a fixed-rate mortgage, you’ll know exactly how much you’re going to pay in …

In finance, if you amortize a debt, you pay it back in regular payments. Business expenses had to be amortized over a 60 month period.

In accounting, amortization is conceptually similar to the depreciation of a plant asset or the depletion of a natural resource. Perhaps the most common example of the term amortization is …