1. gradually pays off a debt through regular payments over time
Usage: finance; third person singular present tense
2. gradually writes off the cost of an asset over a period of time
Usage: accounting; third person singular present tense

Examples

• The company amortises its mortgage over thirty years.
• She amortises the loan with monthly payments of $500.
• The business amortises equipment costs over five years.
• The bank amortises the principal amount gradually.
• He amortises his student debt through automatic payments.
• The firm amortises intangible assets annually.