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Definitions from WordNet

Definitions from the Web

Amortise

Definition:

Verb:

1. To gradually reduce or write off an amount of debt or loan by means of regular payments.

2. To allocate an expense or cost over a period of time.

3. To decrease or diminish gradually over time.

Sample Sentences:

1. He decided to amortise his mortgage over a period of 30 years.

2. The company plans to amortise the cost of the new equipment over the next five years.

3. The value of the car has been amortising since its purchase.

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