( BrE also amort·ise ) / əˈmɔːtaɪz; NAmE ˈæmərtaɪz/ verb
[ vn ] ( business ) to pay back a debt by making small regular payments over a period of time
► amort·iza·tion , amort·isa·tion / əˌmɔːtaɪˈzeɪʃn; NAmE ˌæmərtəˈz-/ noun [ U , C ]
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WORD ORIGIN
late Middle English : from Old French amortiss- , lengthened stem of amortir , based on Latin ad to, at + mors , mort- death.