amortise

/ə'mɔ:taɪz/, amortize verb
1. to repay a loan by regular payments, most of which pay off the interest on the loan at first, and then reduce the principal as the repayment period progresses
The capital cost is amortised over five years.
2. to depreciate or to write down the capital value of an asset over a period of time in a company’s accounts

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Amortise — A*mor tise, v., Amortisation A*mor ti*sa tion, n., Amortisable A*mor tis*a*ble, a., Amortisement A*mor tise*ment, n. Same as {Amortize}, {Amortization}, etc. [1913 Webster] …   The Collaborative International Dictionary of English

  • amortise — [am′ər tīz΄, ə môr′tīz΄] vt. amortised, amortising chiefly Brit. sp. of AMORTIZE * * * …   Universalium

  • amortise — (v.) British English spelling of AMORTIZE (Cf. amortize); for suffix, see IZE (Cf. ize). Related: Amortised; amortising …   Etymology dictionary

  • amortise — (Brit.) v. settle a debt through periodic payments to a creditor or to a sinking fund; pay off a debt gradually, become depreciated (also amortize) …   English contemporary dictionary

  • amortise — [am′ər tīz΄, ə môr′tīz΄] vt. amortised, amortising chiefly Brit. sp. of AMORTIZE …   English World dictionary

  • amortise — /əˈmɔtaɪz / (say uh mawtuyz), /ˈæmətaɪz / (say amuhtuyz) verb (t) (amortised, amortising) 1. to liquidate or extinguish (an indebtedness or charge) usually by periodic payments (or by entries) made to a sinking fund, to a creditor, or to an… …   Australian English dictionary

  • amortise — verb To decrease an amount gradually or in installments, especially in order to write off an expenditure or liquidate a debt. He obtained a mortgage with the interest payments amortised over the life of the loan …   Wiktionary

  • amortise — the gradual process of writing off the cost of an asset, or paying off a liability by means of a sinking fund, over a period of time. Glossary of Business Terms …   Financial and business terms

  • amortise — am·or·tise …   English syllables

  • amortise — UK [əˈmɔː(r)taɪz] / US [ˈæmərˌtaɪz] amortize …   English dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.