amortize

amortize, vb.

1. To extinguish (a debt) gradually, often by means of a sinking fund.

2. To arrange to extinguish (a debt) by gradual increments.

3. Hist. To alienate or convey lands to a corporation (that is, in mortmain). — Also spelled amortise. See MORTMAIN.

---

词条贡献者

法律翻译徐玲，知名法学院保险法专业，专注翻译各类与保险追偿有关的法律文件。