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How to Pronounce "amortized"

word

ˈæmɝˌtaɪzd
AM-er-tyzd
ˈæmətaɪzd
AM-uh-tyzd

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.

IPA Transcription

American English

ˈæmɝˌtaɪzd

British English

ˈæmətaɪzd

Simplified Pronunciation

US

AM-er-tyzd

UK

AM-uh-tyzd

Listen in Context

The loan is amortized over 20 years.

The cost was amortized monthly.

The equipment's value was amortized over five years.

The interest and principal are both amortized throughout the term of the mortgage.