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more about amortize
amortize |
2 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Amortize \A*mor"tize\, v. t. [OE. amortisen LL amortisare admortizare F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See {Mortmain}]. 1. To make as if dead; to destroy. [Obs.] --Chaucer. 2. (Law) To alienate in mortmain, that is to convey to a corporation. See {Mortmain}. 3. To clear off or extinguish, as a debt, usually by means of a sinking fund. From WordNet r 1.6 [wn]: amortize v : liquidate gradually [syn: {amortise}]
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