Akademik

amor·tize /'a-mər-ˌtīz, ə-'mȯr-/ vt -tized, -tiz·ing: to reduce (an amount) gradually: as

a: to pay off (as a loan) gradually usu. by periodic payments of principal and interest or payments to a sinking fund

b: to gradually reduce the cost of (as an asset) esp. for tax purposes by making periodic charges to income over a time span

amortize the machinery over five years see also depreciation compare capitalize, deduct

amor·ti·za·ble adj

amor·ti·za·tion /ˌa-mər-tə-'zā-shən, ə-ˌmȯr-/ n