Category:Amortize

A*mor"tize, v. t. Etym: [OE. amortisen, LL. amortisare, admortizare, F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See Mortmain].

1. To make as if dead; to destroy. [Obs.] Chaucer.

2. (Law)

Defn: To alienate in mortmain, that is, to convey to a corporation. See Mortmain.

3. To clear off or extinguish, as a debt, usually by means of a sinking fund.