Meaning Of The Word Amortize
What's the definition of Amortize? Find Amortize meanings, definitions and more at the Real Dictionary online.
Amortize Meaning
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What's The Definition Of Amortize?
amortize
verb: In finance, if you amortize a debt, you pay it back in regular payments. amortize in American English to put money aside at intervals, as in a sinking fund, for gradual payment of (a debt, etc.) either at or before maturity transitive verb: to liquidate or extinguish (a mortgage, debt, or other obligation), esp. by periodic payments to the creditor or to a sinking fund amortize in British English to liquidate (a debt, mortgage, etc) by instalment payments or by periodic transfers to a sinking fund amortize in Finance verb: If you amortize a debt, you pay it back in regular payments. |
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