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- pronunciation:
- ae
m
 r
taIz
[or]
mor
taIz
- features:
- Word Combinations (verb), Word Parts
| part of speech: |
transitive verb |
| inflections: |
amortizes, amortizing, amortized |
| definition 1: |
to deduct (expenditures) by fixed amounts over a period of time.
The accountant informed us that we would have to amortize the new company van, rather than write off the whole expense this year. |
| definition 2: |
to pay off (a debt) by installments over a defined period of time.
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| related words: |
liquidate, settle |
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