amortize

(redirected from amortizing)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to amortizing: amortization term

Amortization

1. A tax deduction for the gradual consumption of the value of an asset, especially an intangible asset. For example, if a company spends $1 million on a patent that expires in 10 years, it amortizes the expense by deducting $100,000 from its taxable income over the course of 10 years. It is often used interchangeably with depreciation, which technically refers to the same thing for tangible assets.

2. The act of repaying a loan in regular payments over a given period of time.

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.
References in periodicals archive ?
The aggregate principal balance of this pool is $57,087,434 and consists of conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties, substantially all of which have original terms to maturity of 30 years.
The aggregate principal balance of this pool is $111,050,052 and consists of conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties, substantially all of which have original terms to maturity of 30 years.
Group III consists of 1,393 conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties with an aggregate principal of $548,656,247.
Group 3 consists of 189 conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties, with an aggregate principal of $78,013,373.
Group 4 consists of 144 conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties, with an aggregate principal of $68,425,164.
The Units, and the Preference Shares (and the Ordinary Shares issuable upon conversion thereof) and the Amortizing Bonds comprising the Units, have not been and will not be registered under the U.
We have obtained approval in-principle from the Singapore Exchange for the listing and quotation of each of the Units, the CPS, the Ordinary Shares issuable upon conversion of the CPS and the Amortizing Bonds.
The Units, and the CPS (and the Ordinary Shares issuable upon conversion thereof) and the Amortizing Bonds comprising the Units, have not been and will not be registered under the Securities Act and may not be offered or sold in the United States absent registration under such Act or an applicable exemption from such registration requirements.
The aggregate principal balance of this pool is $121,015,348 and consists of conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties, substantially all of which have original terms to maturity of 30 years.
The aggregate principal balance of this pool is $120,296,198 and consists of conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens on single-family residential properties, substantially all of which have original terms to maturity of 30 years.
Pool 2 consists of conventional, fully amortizing, adjustable-rate mortgage loans secured by first liens one- to four-family residential properties, substantially all of which have original terms to maturity of 30 years.
As of the cut-off date pool II consists of conventional, fully amortizing, 15-year fixed-rate mortgage loans secured by first liens on one- to four-family residential properties mortgage loans, with an aggregate principal balance of $23,058,108.