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CEFR C1 — Advanced

Amortize

Definition

(formal, economics) To gradually reduce or pay off a debt or the cost of something, especially by regular payments over a long period of time.

Example Sentences

1The company will amortize the cost of the new equipment over the next five years through monthly installments.
2Can you explain how the bank amortizes the mortgage payments on this property?
3The government has decided to amortize the national debt by increasing taxes and reducing public spending.
4To amortize the initial investment, the startup plans to generate revenue through subscription services.
5The accountant recommended amortizing the research and development expenses over several years to minimize the impact on the company's annual profits.

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