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Amortize vs Amortization - What's the difference?

amortize | amortization |

As a verb amortize

is to alienate (property) in mortmain.

As a noun amortization is

the reduction of loan principal over a series of payments.

amortize

English

(wikipedia amortize) (Amortized analysis)

Alternative forms

* amortise

Verb

(amortiz)
  • To alienate (property) in mortmain.
  • To wipe out (a debt, liability etc.) gradually or in installments.
  • * 2002 , , The Great Nation , Penguin 2003, p. 318:
  • extraordinary borrowing had been so extensive, Joly de Fleury reckoned, that even if it were amortized over the following decade, the state would still be running an annual deficit of over 50 million livres.
  • (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 per iteration.
  • Antonyms

    * accrue

    Anagrams

    * atomizer ----

    amortization

    English

    Alternative forms

    * (UK) amortisation

    Noun

  • The reduction of loan principal over a series of payments.
  • The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
  • See also

    * depreciation (of tangible assets) * depletion (of natural resources) * * * (projectlink) * (projectlink)