Amortized Meaning in English
word · lemma: amortize
Definition
When a cost or debt is spread out and paid over a period of time in regular amounts, it is said to be amortized. Most commonly used with loans or intangible assets.
Usage & Nuances
Mostly used in financial and accounting contexts. Common phrases: 'amortized loan,' 'amortized cost,' 'fully amortized.' Do not confuse with 'depreciated' (for physical assets). The stress is on the first syllable: AM-or-tized.
Example Sentences
The loan is amortized over 20 years.
basic
The cost was amortized monthly.
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The equipment's value was amortized over five years.
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The interest and principal are both amortized throughout the term of the mortgage.
natural
We amortized the software license so the yearly expense was lower.
natural
If the debt isn't amortized properly, you'll pay more in the long run.
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