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

23 November 2024

THEORETICAL

(adjective) concerned primarily with theories or hypotheses rather than practical considerations; “theoretical science”


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