AMORTIZE

amortize, amortise

(verb) liquidate gradually

Source: WordNet® 3.1


Etymology

Verb

amortize (third-person singular simple present amortizes, present participle amortizing, simple past and past participle amortized)

(transitive) To alienate (property) in mortmain.

(transitive) To wipe out (a debt, liability etc.) gradually or in installments.

(transitive, computer science) To even out the costs of running an algorithm over many iterations, so that high-cost iterations are much less frequent than low-cost iterations, which lowers the average running time.

Antonyms

• accrue

Anagrams

• atomizer

Source: Wiktionary


A*mor"tize, v. t. Etym: [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)

Definition: 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.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

27 April 2024

GREAT

(adjective) remarkable or out of the ordinary in degree or magnitude or effect; “a great crisis”; “had a great stake in the outcome”


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Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

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