meaning of AMORTIZE

AMORTIZE meaning in General Dictionary

to produce as though dead to destroy

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  • liquidate gradually
  • which will make like lifeless; to destroy.
  • To alienate in mortmain, that's, to mention to a organization. See Mortmain.
  • To clear off or extinguish, as a debt, typically by ways a sinking investment.

AMORTIZE meaning in Law Dictionary

To alien lands in mortmain.


AMORTIZE meaning in Etymology Dictionary

belated 14c., from Old French amortiss-, present participle stem of amortir "deaden," from Vulgar Latin *admortire "to extinguish," from ad- "to" (see ad-) + mortus "dead," from Latin mors "death" (see mortal (adj.)). Initially a legal term for an act of alienating places. Meaning "extinguish a debt" (in kind amortization) is attested from 1824. Associated: Amortized; amortizing.


AMORTIZE meaning in General Dictionary

(v. t.) In order to make like dead; to destroy.

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  • (v. t.) To clear off or extinguish, as a debt, usually in the shape of a sinking fund.