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/
amortize
📉
amortize
verb
/ˈæmərˌtaɪz/
amortization
amount
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
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