Sample sentences for AMORTIZE - verbalworkout.com

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Definition

to reduce gradually — usually a debt or the cost of an asset

Most home loans are paid over 30 years, but the lender also offers an option to amortize mortgages over 15 years. The payments are lower on the 30-year loan, but less interest is paid on the 15-year loan and if you don't refinance, it's paid off twice as fast.

amortized = to reduce gradually — usually a debt or the cost of an asset

It dispensed with all those bothersome little acts of daily courage; it offered hope and grace to the repetitive coward; it justified the past while amortizing the future.
Tim O'Brien -- The Things They Carried

amortizing = reducing gradually

Although he paid for the computer this year, the IRS requires him to amortize the expense over five years.
We won't get to amortize the hard efforts we've put in so far.
Randy Pausch -- The Last Lecture
I'll admit, my shareholders screamed about amortizing the plants over fifty years.
John Ringo -- Live Free or Die
In conference with the salesman, it was agreed that she would pay three dollars down and three dollars a month until the cost was amortized.
Russell Baker -- Growing Up
Be this as it might, the topic inside the railed space of benches or at the pinochle game in the side-office annex was mostly business—receiverships, amortizations, wills, and practically nothing else.
Saul Bellow -- The Adventures of Augie March
But forasmuch as the good works that men do while they be in good life be all amortised [killed, deadened] by sin following, and also since all the good works that men do while they be in deadly sin be utterly dead, as for to have the life perdurable [everlasting], well may that man that no good works doth, sing that new French song, J'ai tout perdu — mon temps et mon labour <5>.
Geoffrey Chaucer -- The Canterbury Tales

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