CEFR C2

amortise

verb

Meaning

Gradually write off the initial cost of an asset or debt over a specific period of time.

Examples

Businesses often amortise intangible assets like software licenses to reflect their declining value.
We need to amortise the loan payments to ensure the principal is fully paid by the end of the term.

Synonyms: pay off, write off, depreciate, liquidate

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amortise (C2)

verb

Pronunciation: ˈæm.ə.taɪz

Definition

Gradually write off the initial cost of an asset or debt over a specific period of time.

Examples

Businesses often amortise intangible assets like software licenses to reflect their declining value.
We need to amortise the loan payments to ensure the principal is fully paid by the end of the term.

How to Use amortise

amortise over [time period] (prepositional phrase): To spread the cost across a specific duration. — "We plan to amortise the equipment cost over five years."
be amortised by [entity] (collocation): Passive construction used when describing accounting processes. — "The intangible assets are amortised by the finance department annually."

Synonyms of amortise

Words with a similar meaning to amortise:

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