amortise
Meaning
To gradually pay off a debt over a period of time. (ঋণ বা খরচের মূলধন কমানো)
Pronunciation
অ্যামর্টাইজ (æ'marṭaij)
Synonyms
repay, pay off, liquidate, reimburse, settle, dissipate, extinguish, eliminate
Synonyms
He plans to repay his loans systematically.
It took him years to pay off his college debts.
They need to liquidate their assets to amortise the debt.
The company will reimburse the loan interest over ten years.
He wanted to settle his debts before the end of the year.
They need to dissipate their liabilities over time.
It is wise to extinguish your debt as soon as possible.
The goal is to eliminate all unnecessary debts.
Antonyms
She decided to incur more debt by buying a new car.
He began to accumulate debts without a plan.
They still owe a large sum to the bank.
If you do not amortise your debts, you will increase the total amount owed.
Failing to make payments can prolong the debt.
They plan to expand their liabilities next year.
Not managing finances well might cause one to increase debt.
Procrastinating on payments could lead to more debt.
Phrases
He kept a close eye on the amortisation schedule of his mortgage.
A fully amortised loan will have no remaining balance at maturity.
An amortised loan offers a predictable payment structure.
The amortisation process helps borrowers understand their repayment timeline.
Amortising debt reduces the financial burden over time.