amortize amortize  /ˈæ mər ˌtaɪz/

Definition(s):

  • (v) liquidate gradually

Usage(s):

  1. It will take at least five, possibly seven, years for them to amortize their costly new fleets of piston-engined craft, some of which will not even be delivered until 1957.
  2. To pay the interest on these public works borrowings and amortize them, $227,000,000 per year is to be raised in special taxes to accord with the special budget idea.
  3. Now some workers paste stock price quotations on the side of their presses, and others ask Gamboni how long will take the company to amortize the cost of their machines.

News

Quotes

  1. "We're not going to amortize the future," Levy said. "The cap is $109 million this year. I don't think we're going to 'mortgage the future' type of thing by going beyond the cap."
    on Feb 16, 2007 By: Marv Levy Source: WBEN 930

  2. "Hollywood studios need to amortize their investment always. They are forced to kind of reach a middle ground and put out movies that have more of a popular appeal," academy President Sid Ganis says, explaining why the fare at multiplexes around...
    on Feb 17, 2007 By: Sid Ganis Source: San Francisco Chronicle

Word of the Day
subordinate subordinate
/sə ˈbɔr də ˌneɪt /