am·or·tizealso Britam·or·tise/ˈæmɚˌtaɪz, Brit əˈmɔ:ˌtaɪz/verb
am·or·tiz·es;am·or·tized;am·or·tiz·ing
[+ obj] business: to pay money that is owed for something (such as a mortgage) by making regular payments over a long period of time ▪amortize a debt/loan
— am·or·ti·za·tionalso Britam·or·ti·sa·tion/ˌæmɚtəˈzeɪʃən, Brit æˌmɔ:ˌtaɪˈzeɪʃən/noun [noncount]