What is another word for amortizes?

Pronunciation: [ɐmˈɔːta͡ɪzɪz] (IPA)

Amortizes is a term that often comes up when discussing financial matters, particularly in the context of mortgage loans. Essentially, it refers to the process of paying off debt over time through regular payments that include both principal and interest. There are a few different synonyms for the term "amortizes" that may be used in various contexts, such as "repays," "liquidates," "redeems," or "settles." Depending on the specific situation, different words may be preferred to describe the process of paying off debt. However, the basic concept remains the same regardless of the terminology used. Ultimately, when one amortizes a loan, they are working towards gradually paying it off in full over time.

What are the hypernyms for Amortizes?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: amortizing loan, amortizing mortgage, amortization schedule, amortization calculator, amortization payments calculator, calculate amortization, calculate monthly mortgage payment, amortize annuity, amortizing loans, mortgage amortization calculator

Related questions:

  • What is amortization?
  • Meaning of amortization?
  • Word of the Day

    Monosodium Salt Glycine
    Monosodium Salt Glycine is a common food additive that enhances flavors in processed foods. However, if you're searching for synonyms for this chemical compound, you might come acr...