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amortizable verb

am·or·tize

The verb form of amortizable is amortize

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Definitions

  • verb with object amortizable Finance. to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund. to write off a cost of (an asset) gradually. 1
  • verb with object amortizable Old English Law. to convey to a corporation or church group; alienate in mortmain. 1
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