Meaning of AMORTIZE
| Pronunciation: | | 'amur`tIz
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 WordNet Dictionary |
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| | Definition: | | [v] liquidate gradually |
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| | Synonyms: | | amortise |
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| | See Also: | | liquidate, pay off | |
| Webster's 1913 Dictionary |
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| | Definition: | | \A*mor"tize\, v. t. [OE. amortisen, LL. amortisare,
admortizare, F. amortir to sell in mortmain, to extinguish;
L. ad + mors death. See {Mortmain}].
1. To make as if dead; to destroy. [Obs.] --Chaucer.
2. (Law) To alienate in mortmain, that is, to convey to a
corporation. See {Mortmain}.
3. To clear off or extinguish, as a debt, usually by means of
a sinking fund.
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| Thesaurus Terms |
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| | Related Terms: | | abalienate, alien, alienate, assign, barter, bequeath, cede, clear, confer, consign, convey, deed, deed over, deliver, demise, devolve upon, discharge, enfeoff, exchange, give, give title to, hand, hand down, hand on, hand over, honor, lift, liquidate, make accounts square, make over, negotiate, pass, pass on, pass over, pay in full, pay off, pay the bill, pay the shot, pay up, redeem, retire, satisfy, sell, settle, settle on, sign away, sign over, square, square accounts, strike a balance, surrender, take up, trade, transfer, transmit, turn over |
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