Type any word!

How to Pronounce "amortize"

word

ˈæmɝˌtaɪz
AM-er-tyz
əˈmɔːtaɪz
uh-MAW-tyz

Definition

To pay off a debt or loan in regular payments over a period of time. It also refers to spreading out the cost of something, like an asset, over several years in accounting.

IPA Transcription

American English

ˈæmɝˌtaɪz

British English

əˈmɔːtaɪz

Simplified Pronunciation

US

AM-er-tyz

UK

uh-MAW-tyz

Listen in Context

We will amortize our mortgage over 30 years.

Businesses often amortize the cost of equipment over several years.

He plans to amortize his student loans quickly.

The company decided to amortize the software license over five years instead of paying all at once.