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Amortize vs Loan - What's the difference?

amortize | loan |

As verbs the difference between amortize and loan

is that amortize is to alienate (property) in mortmain while loan is to lend (something) to (someone).

As a noun loan is

(banking|finance) a sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest) or loan can be (scotland) a lonnen.

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 ----

    loan

    English

    Etymology 1

    From (etyl) lone, lane, from (etyl) . More at (l).

    Noun

    (en noun)
  • (banking, finance) A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
  • *
  • , title=The Mirror and the Lamp , chapter=2 citation , passage=That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans . Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.}}
  • The contract and array of legal or ethical obligations surrounding a loan.
  • The permission to borrow any item.
  • Hypernyms
    * (something that a legal entity borrows) bailment
    Hyponyms
    * (something that a legal entity borrows) mutuum
    Derived terms
    * bridge loan * caveat loan * loan shark * low-doc loan * swing loan

    Verb

    (en verb)
  • To lend (something) to (someone).
  • * 2006: — (unidentified episode, but frequently heard from her as a verb)
  • When you loan somebody something, they have the responsibility to safeguard it.
    Usage notes
    * This usage, once widespread in the UK, is now confined to the US (or perhaps parts thereof). * It is often considered preferable to use lend when the object being loaned or lent is something other than money.

    Etymology 2

    See lawn.

    Noun

    (en noun)
  • (Scotland) A lonnen.
  • (Webster 1913)

    Anagrams

    * ----