📉amortize

verb
/ˈæmərˌtaɪz/

Meaning

To gradually reduce or pay off a debt with regular payments.

Example Sentences

They plan to amortize the mortgage over 20 years.

Synonyms

repay, reduce, liquidate, settle

Antonyms

borrow, accumulate

Collocations

amortize debt, amortize loan, amortize cost, amortize mortgage

Related Vocabularies

the process of getting better after illness, loss, or difficulty
to be equal to something; to find something that corresponds to another
To decide or determine an outcome in advance, especially by fate or divine will.
to recover from illness or regain strength
to prevent or restrain an action, idea, or emotion; to suffocate
To stop feeling angry or resentful towards someone for an offense or mistake.

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