Definition of amortize verb from the Oxford Advanced Learner's Dictionary

 

amortize

 verb
(British English also -ise)verb
BrE BrE//əˈmɔːtaɪz//
 
; NAmE NAmE//ˈæmərtaɪz//
 
Verb Forms present simple I / you / we / they amortize
BrE BrE//əˈmɔːtaɪz//
 
; NAmE NAmE//ˈæmərtaɪz//
 
he / she / it amortizes
BrE BrE//əˈmɔːtaɪzɪz//
 
; NAmE NAmE//ˈæmərtaɪzɪz//
 
past simple amortized
BrE BrE//əˈmɔːtaɪzd//
 
; NAmE NAmE//ˈæmərtaɪzd//
 
past participle amortized
BrE BrE//əˈmɔːtaɪzd//
 
; NAmE NAmE//ˈæmərtaɪzd//
 
-ing form amortizing
BrE BrE//əˈmɔːtaɪzɪŋ//
 
; NAmE NAmE//ˈæmərtaɪzɪŋ//
 
 
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amortize something (business) to pay back a debt by making small regular payments over a period of time Word Origin late Middle English: from Old French amortiss-, lengthened stem of amortir, based on Latin ad ‘to, at’ + mors, mort- ‘death’.
See the Oxford Advanced American Dictionary entry: amortize