amortize in a sentence
v. t.
📚 Grade Level: Grade 11, Grade 12
Definition
Amortize: to gradually reduce or pay off a debt or cost through regular payments over a specified period.
Sample Sentences
- The company decided to amortize the cost of the new equipment over five years.
- Homeowners can choose to amortize their mortgage payments monthly or bi-weekly.
- To manage her student loans effectively, she plans to amortize the debt within ten years.
- The accountant recommended that we amortize the expenses to better reflect our financial situation.
- Investors often prefer bonds that amortize, as it provides a steady return over time.
- When you amortize a loan, it helps in budgeting for future payments.
- The startup aimed to amortize its initial investments quickly to show profitability.
- In the new tax law, businesses can amortize certain capital expenses over a longer period.
- Understanding how to amortize various financial assets can significantly impact your overall strategy.
- Many entrepreneurs struggle to find the right method to amortize their startup costs effectively.