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amortizing

 

Definitions from WordNet

Verb amortize has 1 sense
  1. amortize, amortise - liquidate gradually
    --1 is one way to liquidate, pay off
    Derived form: noun amortization2
    Sample sentence:
    Somebody ----s something

Definitions from the Web

Term: Amortizing

Description:

Amortizing refers to the process of gradually reducing or paying off a debt, usually through regular payments over a specified period of time. It involves both the principal amount and the interest accrued on the debt.

Senses and Usages:

Sense 1 - Verb (Present Participle)

When used as a verb in the present participle form, amortizing describes the action of making regular payments towards reducing a debt.

Example sentence 1: The borrower is amortizing their mortgage over a span of 30 years.

Example sentence 2: He is slowly amortizing the loan by paying monthly installments.

Sense 2 - Adjective

When used as an adjective, amortizing describes something related to the process of gradually reducing or paying off a debt.

Example sentence 1: The amortizing schedule shows the monthly payments required to pay off the loan.

Example sentence 2: It is advisable to choose an amortizing loan to ensure steady repayment of the debt.

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