English version

amortize

From Longman Dictionary of Contemporary English
Related topics: Loans
amortizea‧mor‧tize (also amortise British English) /əˈmɔːtaɪz $ ˈæmərtaɪz/ verb [transitive] 🔊 🔊 BFL technical to pay a debt by making regular paymentsamortization /æˌmɔːtaɪˈzeɪʃən $ ˌæmərtə-/ noun [countable, uncountable]
→ See Verb table
Examples from the Corpus
amortizeJaubert named a price and interest rate, assuming that the man would amortize the cost with a ten-year note.A new accounting standard allowed the thrifts to amortize the losses over the life of the loans.It will amortize the rest of the next five to fifteen years.
From Longman Business Dictionaryamortizea‧mor‧tize /əˈmɔːtaɪzˈæmər-/ (also amortise British English) verb [transitive]1ACCOUNTING to show the reduction in the value of an asset in a company’s accounts over a period of timeAll acquisition expenses are amortized over 10 years. see also depreciate2FINANCE to make repayments on a loanThe company reached agreement with its banks to amortize a loan balance of $73 million over two years.→ See Verb table
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Verb table
amortize
Simple Form
Present
I, you, we, theyamortize
he, she, itamortizes
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Past
I, you, he, she, it, we, theyamortized
Present perfect
I, you, we, theyhave amortized
he, she, ithas amortized
Past perfect
I, you, he, she, it, we, theyhad amortized
Future
I, you, he, she, it, we, theywill amortize
Future perfect
I, you, he, she, it, we, theywill have amortized
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Continuous Form
Present
Iam amortizing
he, she, itis amortizing
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you, we, theyare amortizing
Past
I, he, she, itwas amortizing
you, we, theywere amortizing
Present perfect
I, you, we, theyhave been amortizing
he, she, ithas been amortizing
Past perfect
I, you, he, she, it, we, theyhad been amortizing
Future
I, you, he, she, it, we, theywill be amortizing
Future perfect
I, you, he, she, it, we, theywill have been amortizing
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