Definition of amortize verb from the Oxford Advanced American Dictionary

 

amortize

 verb
verb
NAmE//ˈæmərˌtaɪz//
 
amortize something(business)Verb Forms present simple I / you / we / they amortize
 
he / she / it amortizes
 
past simple amortized
 
-ing form amortizing
 
 
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to pay back a debt by making small regular payments over a period of time
amortization
 
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NAmE//ˌæmərt̮əˈzeɪʃn//
 
noun [uncountable, countable]
See the Oxford Advanced Learner's Dictionary entry: amortize