amortizes
Meaning
To gradually pay off a debt or reduce the value of an intangible asset by spreading out expenses over a period of time. (ঋণ বা খরচের পরিমাণকে ধীরে ধীরে পরিশোধ করা)
Pronunciation
অমর্টাইজেস (āmorṭā'ijes)
Synonyms
pay off, liquidate, discharge, reduce, settle, clear, extinguish, terminate
Synonyms
I plan to pay off my student loans in five years.
The company needs to liquidate its debts by the end of the fiscal year.
She hopes to discharge the loan before the deadline.
The bank will reduce the interest rate on the loan.
Let's settle our accounts before the new year.
Once I clear the debt, I will feel relieved.
He plans to extinguish his credit card debt this year.
They decided to terminate the contract to avoid further debts.
Antonyms
He incurred additional costs on his credit card.
They accumulate more debt with every purchase.
The company may increase its debt to finance expansion.
He amassed a large amount of debt over the years.
To err in financial planning can lead to increased debts.
If you default on your payments, the bank can take action.
They may prolong the repayment period, which increases interest.
Some individuals keep debts instead of paying them off.
Phrases
The bank provided an amortization schedule for the mortgage.
This loan is fully amortized within 10 years.
I am taking an amortizing loan for my car.
The final balloon payment is due at the end of the term.
Negative amortization can lead to more debt over time.