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amortization 

1. the reduction of the value of an asset by prorating its cost over a period of years
2. payment of an obligation in a series of installments or transfers
The amortization table indicates how many payments must be made before the vehicle is paid in full.
amortization by Cins August 3, 2007
Related Words

Amortizing 

To pay off gradually usually by periodic payments
The man paid off his home in an amortizing manner
Amortizing by D-Monkey May 24, 2018

amortise 

It's when someone wants to fuck you over nicely at the pretext of you owing them
We shall amortise the debt you owe me, you'll be licking my feet every morning to write it off.
amortise by Vocboy November 18, 2016