Meaning & use
amorize
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Meaning
verbtransitivebusinessfinance
To gradually pay off a debt or write off the cost of an asset over a period of time.
Grammar: Takes an object: 'amorize a loan'. Often used in the passive: 'The costs are amorized over five years'.
Patterns
- amorize a debt
- amorize costs
- amorize something over a period
The company decided to amorize the loan over ten years.
You can amorize the expense of the equipment for tax purposes.
The mortgage is amorized with monthly payments.
Word forms
| third person singular | amorizes |
|---|---|
| past tense | amorized |
| past participle | amorized |
| present participle | amorizing |
Common combinations
- amorize a loan
- The bank helped them amorize the loan over a longer period.
- amorize an asset
- Businesses often amorize an asset to spread its cost.
- amorize over time
- The debt was amorized over time to make payments manageable.
Synonyms and how they differ
Word family
- amortization noun
- The process of paying off a debt or writing off an asset over time.
- amortizable adjective
- Capable of being amortized.
Commonly confused: amorize or amortize?
amorize vs amortize
The usual spelling in American English; 'amorize' is a less common variant and may be considered a misspelling.
Practice
What does 'amorize' mean in a financial context?
Choose one answer.
'Amorize' means to spread the cost or payment of something over time. The other options describe different financial actions.
Make it your own
Write a sentence using “amorize”, then check it and compare it with the examples above.