amortize - Definition from the LOANS topic - BUSINESS

Topic: LOANS

Date:	1300-1400
Language:	Old French
Origin:	amortir, from Vulgar Latin admortire 'to deaden', from Latin ad- 'to' + mors 'death'

amortize
verb

a‧mor‧tize also amortise British English See pronunciation table in "How to use dictionary" pages

See pronunciation table in "How to use dictionary" pages

[transitive]

BFL technical to pay a debt by making regular payments

—amortization See pronunciation table in "How to use dictionary" pages

See pronunciation table in "How to use dictionary" pages

noun [uncountable and countable]

Definition of amortize from the Longman Dictionary of Contemporary English within
the topic LOANS

Explore LOANS Topic

amortize APR borrowing powers collateral compound interest creditor credit rating creditworthy debenture debit note finance(n) finance(v) finance company foreclose hire purchase interest interest-free interest rate letter of credit liquidate liquidation liquidator loan moneylender money market moratorium mortgage(n) mortgage(v) official receiver owing payable prime rate promissory note redeem remission remit remortgage repay repayable repayment repossess reschedule secure security sequester sequestrate settlement simple interest surety undischarged usurer usurious usury venture capital

Show all entries from Topic: LOANS

Word of the Day

The LOANS
Word of the Day is:

Other related topics

Business Basics

Advertising and Marketing

Business Management

Conditions of Employment

Labour Relations, Unions

Stocks and Shares