What is "amortized"

Usage examples of "amortized".

You provide the machines but their cost is amortized over three years which'll mess up any cash flow and mean no profits for five years at least.

And amortized over three years -Jesusl A taxi swirled up, careless of the puddles.

Most of those built on the Sou'west Coast amortized their investment costs in the first three years of operation.

The Jap anese, who are now the world's major whalers, claim they cannot afford to stop killing whales until all their invest ments have been amortized and, even then, it would be economically wasteful not to continue to make use of their fleet and plant for whaling since most of it cannot be con verted to other uses.

The suits cost nearly a half billion credits apiece and were amortized by the Darhel over twenty years.

We expect the cost must be amortized over many decades of good business.