Amortize in a Sentence  ðŸ”Š

Definition of Amortize

to the amount of a loan or debt by paying small payments over time

Examples of Amortize in a sentence

The businessman was able to amortize his building loan by paying monthly payments on the first and the 15th. ðŸ”Š

After putting down five thousand dollars on the car, the buyer decided to amortize the rest through small payments over two years. ðŸ”Š

If we amortize the debt over 24 months, we will have it paid off in two years. ðŸ”Š

The bankruptcy judge ordered the couple to amortize all debts and have them fully repaid within five years. ðŸ”Š

Though he couldn’t pay it all at once, the debtor was able to amortize his large loan and pay it back in increments. ðŸ”Š

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