Definitions
Pay off a debt gradually over time.
Word origin
From Middle English amortisen, from Old French amortir (via the stem amortiss-), from Vulgar Latin *admortīre, derived from Latin mortuus (“dead”).
Used in a sentence
“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.”
“The magnitude of the frequency adjustment is a compromise between time accuracy, which would favor a large frequency offset so as to amortize the time error over the smallest possible interval”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer2 curated clues
01“Pay debt gradually”8 letters
02“Pay off gradually”8 letters
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