The meaning of AMORTIZE is to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund.

There are two general definitions of amortization. The first is the systematic repayment of a loan over time. The second is used in the context of business accounting and is the act of …

Mar 6, 2025 · An amortization schedule is a chart that tracks the falling book value of a loan or an intangible asset over time. For loans, it details each payment’s breakdown between principal …

AMORTIZE definition: 1. to reduce a debt or cost by paying small regular amounts: 2. to take a cost, for example the…. Learn more.

Amortize definition: to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund.. See examples of AMORTIZE used in a …

Use our Amortization Calculator to see how each payment applies to principal and interest over time. Get a detailed schedule and gain insight into your loan balance.

May 10, 2022 · Amortization is the process of spreading out a loan into a series of fixed payments. The loan is paid off at the end of the payment schedule. Amortization is the way …

Aug 6, 2025 · In financial accounting, amortization is the practice of spreading the cost of an intangible asset over its useful life -- things like patents, franchise agreements, costs of issuing …

Jul 6, 2025 · Amortization is the process of incrementally charging the cost of an asset to expense over its expected period of use, reflecting its consumption.

Oct 1, 2025 · Amortize means to gradually write off a cost over a period. Depreciation is recorded to reflect that an asset is no longer worth the previous carrying cost reflected on the financial …