Amortized: meaning, definitions and examples

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amortized

 

[ รฆหˆmษ”หrtaษชzd ]

Adjective
Context #1 | Adjective

finance, accounting

Amortized refers to the gradual reduction of a debt or an asset's value over time through scheduled payments or depreciation. In the context of loans, amortized payments allow borrowers to pay off their principal along with interest in a structured manner. This means that with each payment made, the total amount owed decreases systematically. Amortization schedules are often used to outline the timing of these payments and the allocation between interest and principal amounts.

Synonyms

discounted, liquidated, repaid

Examples of usage

  • She made amortized payments on her mortgage.
  • An amortized loan has predictable monthly payments.
  • The company reported its amortized costs for the fiscal year.

Translations

Translations of the word "amortized" in other languages:

๐Ÿ‡ต๐Ÿ‡น amortizado

๐Ÿ‡ฎ๐Ÿ‡ณ เค…เคฎเฅ‹เคฐเฅเคŸเคพเค‡เคœเฅเคก

๐Ÿ‡ฉ๐Ÿ‡ช abgeschrieben

๐Ÿ‡ฎ๐Ÿ‡ฉ amortisasi

๐Ÿ‡บ๐Ÿ‡ฆ ะฐะผะพั€ั‚ะธะทะพะฒะฐะฝะธะน

๐Ÿ‡ต๐Ÿ‡ฑ amortyzowany

๐Ÿ‡ฏ๐Ÿ‡ต ๅ„Ÿๅดใ•ใ‚ŒใŸ

๐Ÿ‡ซ๐Ÿ‡ท amorti

๐Ÿ‡ช๐Ÿ‡ธ amortizado

๐Ÿ‡น๐Ÿ‡ท amortisman

๐Ÿ‡ฐ๐Ÿ‡ท ์ƒํ™˜๋œ

๐Ÿ‡ธ๐Ÿ‡ฆ ู…ูุณุชูŽู‡ู„ูŽูƒ

๐Ÿ‡จ๐Ÿ‡ฟ amortizovanรฝ

๐Ÿ‡ธ๐Ÿ‡ฐ amortizovanรฝ

๐Ÿ‡จ๐Ÿ‡ณ ๆ‘Š้”€็š„

๐Ÿ‡ธ๐Ÿ‡ฎ amortiziran

๐Ÿ‡ฎ๐Ÿ‡ธ afskrifaรฐ

๐Ÿ‡ฐ๐Ÿ‡ฟ ะฐะผะพั€ั‚ะธะทะฐั†ะธัะปะฐะฝา“ะฐะฝ

๐Ÿ‡ฌ๐Ÿ‡ช แƒแƒ›แƒแƒ แƒขแƒ˜แƒ–แƒ˜แƒ แƒ”แƒ‘แƒฃแƒšแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ amortizasiya olunmuลŸ

๐Ÿ‡ฒ๐Ÿ‡ฝ amortizado

Etymology

The term 'amortized' originates from the Latin word 'amortizare', which means 'to kill' or 'to extinguish.' The concept refers to the gradual extinguishment of a debt or obligation. Initially used in the context of settling debts or liabilities, the term evolved to encompass not only the repayment of loans but also the systematic allocation of costs and financial obligations over time. In the English language, 'amortize' started being adopted in the early 17th century, gaining prominence in financial discourse. The practice of amortization became a fundamental aspect of modern finance, especially with the rise of home mortgages and corporate financing options in the 19th and 20th centuries. Today, the concept is widely utilized in accounting, lending, and investment analysis.

Word Frequency Rank

With rank #19,215, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.