1. past tense and past participle of amortise: to gradually pay off a debt through regular payments over time
Usage: British spelling
2. past tense and past participle of amortise: to spread the cost of an asset over its useful life for accounting purposes
Usage: British spelling; accounting

Examples

• The mortgage was fully amortised over thirty years.
• They amortised the loan with monthly payments of $1,200.
• The company amortised the software costs over five years.
• The equipment was amortised according to standard accounting practices.
• She amortised her student debt ahead of schedule.
• The business amortised the patent costs over its legal life.