amortize

amortize is defined in Webster's Unabridged Dictionary (1913) with 2 senses. The full text of each entry is reproduced verbatim below.

Definitions

  1. 1.(Law) To alienate in mortmain, that is, to convey to a corporation. See Mortmain.
  2. 2.To clear off or extinguish, as a debt, usually by means of a sinking fund.

Source: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).

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