amortise amortise


  • (v) liquidate gradually


  • "Since the beginning of this year, we've sold €1bn in order to amortise too-large daily fluctuations," Radovan Jelasic, bank governor, told the FT. "Regional events are having the main impact on exchange rates now."
    on Jun 7, 2010 By: Radovan Jelasic Source: Financial Times (blog)

Word of the Day
propriety propriety
/prə ˈpraɪ ə ti /