Word of the Day
March 15, 2026
AMORTIZE
- gradually reduce or write off the cost or value of (as an asset) amortize goodwill amortize machinery
- , is to pay for it by making regular payments over a long period of time.
- to liquidate gradually, as a debt [v AMORTIZED, AMORTIZES, AMORTIZING]
- to liquidate gradually, as a debt, also AMORTISE [v AMORTIZED, AMORTIZING, AMORTIZES]
- to pay off (as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund
- 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.
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