amortize

(redirected from amortized)
Also found in: Dictionary, Thesaurus, Legal, Financial.
Related to amortized: Amortized Loan

amortize

[′am·ər‚tīz]
(industrial engineering)
To reduce gradually an obligation, such as a mortgage, by periodically paying a part of the principal as well as the interest.
References in periodicals archive ?
* Crescent Cove Apartments Phase II, Evans, CO--48-unit complex received $2,282,200 Fannie Mae DUS[R] Standard 8.75 year Loan amortized on a 30-year schedule.
(4) Where amortization is determined with respect to one of alternative call dates, if in fact the bond is not called on that date, the premium must be amortized to a succeeding date or to maturity.
The first two components- amortized cost interest and the difference between fair value interest and amortized cost interest--sum to fair value interest.
Goodwill is amortized under a rebuttable presumption that it has a useful economic life of 20 years or less.
The loan is for seven years, amortized over 30 years with a fixed interested rate of 5.25%.
For a variable-rate debt instrument based on the same interest index for the debt's entire term, the debt issuance costs are amortized by treating them as adjusting the yield, which is deter mined based on the index's initial value; see Regs.
The goodwill is amortized over 10 years for tax purposes and there is no book amortization under FAS 142.
Initially, Frontier treated the covenant as a section 197 asset and amortized it over 15 years.
Statement 142 on Goodwill and Intangible Assets requires that goodwill no longer be amortized, but instead be subject to impairment testing at least annually.
This simple, practical technique can be referred to as Amortized Residual Value (ARV).
The revenue procedure makes available a "pool of costs" method, allowing all package design costs to be accumulated in a single pool and amortized over 48 months.