Word of the Day July 20, 2018
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Today's word: amortizeˈæm ərˌtaɪz, əˈmɔr taɪz
This page provides all possible meanings and translations of the word amortize
To alienate (property) in mortmain.
To wipe out (a debt, liability etc.) gradually or in installments.
Origin: From (the stem of) amortir, probably from *, from ad + mortem.
to make as if dead; to destroy
to alienate in mortmain, that is, to convey to a corporation. See Mortmain
to clear off or extinguish, as a debt, usually by means of a sinking fund
Origin: [OE. amortisen, LL. amortisare, admortizare, F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See Mortmain]
To repay the agreed instalment of a loan according to the agreed loan term and conditions and repayment schedule.
The company chose to amortize its loan to ensure it was paid as agreed and in line with the current terms and conditions.
The numerical value of amortize in Chaldean Numerology is: 4
The numerical value of amortize in Pythagorean Numerology is: 8