Amortise (Verb)
Meaning
Liquidate gradually.
Classification
Verbs of buying, selling, owning.
Examples
- The company decided to amortise its debt over a period of five years to manage its cash flow effectively.
- To reduce financial strain, they agreed to amortise the outstanding amount over several instalments.
- The victim's family chose to amortise the large sum of compensation through a trust fund.
- In order to avoid bankruptcy, they opted to amortise the losses by spreading them over several years.
- The court allowed the accused to amortise the fine over two years due to their poor financial circumstances.