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amortize
(redirected from amortized)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
amortize
To write off gradually and systematically a given amount of money within a specific number of time periods. For example, an accountant amortizes the cost of a long-term asset by deducting a portion of that cost against income in each period. Likewise, an investor will usually amortize the premium each year on a bond purchased at a price above its principal.

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Finance Problem: Foreclosure activity in California and other Western housing markets is on the increase in part because high-risk adjustable-rate loans are beginning to reset to fully amortized payment schedules, the Los Angeles Daily News reported.
Start-up expenditures and organizational expenditures (including expenditures to organize a partnership) may be amortized over a period of not less than 60 months.
Statement 142 requires that goodwill no longer be amortized to earnings, but instead be reviewed for impairment.
 
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