amortizing
Meaning
The process of gradually reducing a debt or an asset's book value over time. (ঋণের কিস্তি পরিশোধ করা)
Pronunciation
এমর্টাইজিং (ēmraṭā'ijīng)
Synonyms
repaying, paying off, settling, liquidating, reducing, eliminating, clearing, wiping out
Synonyms
He is repaying his loan on time.
She is paying off her credit card debt.
They are settling their financial obligations.
He is liquidating his assets gradually.
They are reducing their outstanding debts.
She is eliminating all her student loans.
He is clearing his mortgage.
The government is wiping out bad debts.
Antonyms
They are incurring more debts.
He is accumulating his credit card bills.
They are borrowing more money.
Their debts are growing every day.
Bills are piling up without payment.
His debts are mounting rapidly.
The costs are increasing every month.
She is amassing credit card debts.
Phrases
The bank provided an amortization schedule for her mortgage.
He opted for an amortizing loan to buy the house.
The mortgage is fully amortized in 30 years.
Their loan is partially amortized, requiring a balloon payment.
Review the amortizing schedule regularly.