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amortize (51 synonym found)
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Definition of amortize:
(v) :
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 amortized over the life of the loan."
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This word has been
viewed 5,241 times.
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for amortize:
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Definition of amortize:
(v) :
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 amortized over the life of the loan."