amortize

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amor|tize /əm'ɔːrtaɪz, AM 'æmər-/ (amortizes amortizing amortized)
in BRIT, also use amortise
[VERB] be V-ed
In finance, if you amortize a debt, you pay it back in regular payments. (BUSINESS)
Business expenses had to be amortized over a 60 month period.
= pay off

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