(transitive) To alienate (property) in mortmain. / (transitive) To wipe out (a debt, liability etc.) gradually or in installments.

simple past tense and past participle of amortize

Third-person singular simple present indicative form of amortize

(archaic, literary) As if dead; depressed

plural of amortization

The reduction of loan principal over a series of payments. / The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

present participle of amortize

Alternative form of nonamortizing

The act or process of amortizing.