amortized
Meaning
Gradually paying off a debt over time through scheduled payments (ঋণের কিস্তি পরিশোধ করা)
Pronunciation
অ্যামর্টাইজড (æ'morṭā'ījḍ)
Synonyms
repaid, reduced, financed, settled, liquidated, discharged, cleared, settled down
Synonyms
The loan was fully repaid over five years.
His debt was reduced significantly after the payments.
The project was financed through amortized loans.
All debts were settled within the stipulated time.
He liquidated his debts through amortization.
The loan was discharged after full payments.
He cleared his mortgage through regular amortized payments.
He finally settled down his debts last year.
Antonyms
Interest accrued on the unpaid loans.
His debts remain unsettled due to his negligence.
His financial burden has increased over time.
He has outstanding debts that need attention.
Interest is accruing on his unpaid balance.
He has unpaid invoices that are causing issues.
His insolvency was due to unpaid debts.
He defaulted on several loans, resulting in poor credit.
Phrases
He took an amortized loan for his house.
The amortized payment was due every month.
The bank provided an amortization schedule.
A fully amortized loan is completely paid off at the end.
An amortized asset will depreciate over time.