WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Amortized

Definition:

Amortized is a term used in finance and accounting to describe the process of gradually reducing or paying off a debt or loan through regular installment payments over a specific period of time.

Parts of Speech:

• Adjective: The amortized loan provided a structured repayment plan.
• Verb: They amortized the mortgage over a period of 25 years.

Examples:

Adjective:

The company offered an amortized debt consolidation plan to help individuals manage their financial obligations effectively.

She opted for an amortized mortgage to make monthly repayments more manageable.

Verb:

They decided to amortize the remaining balance of the loan over five years.

To reduce the financial burden, the business amortized the capital expenditures over a ten-year period.

Related Products:

• Amortization Calculator on Amazon
• Personal Finance Books on Amazon
• Debt Consolidation Services on Amazon