admortization
|ad-mor-ti-za-tion|
C2
🇺🇸
/ædˌmɔːrtɪˈzeɪʃən/
🇬🇧
/ædˌmɔːtɪˈzeɪʃən/
extinguishing a debt
Etymology
Etymology Information
'admortization' originates from Latin, specifically the word 'admortizare,' where 'ad-' meant 'toward' and 'mortizare' meant 'to kill or extinguish.'
Historical Evolution
'admortizare' transformed into the Old French word 'admortir,' and eventually became the modern English word 'admortization' through Middle English.
Meaning Changes
Initially, it meant 'to extinguish or kill,' but over time it evolved into its current meaning of 'extinguishing a debt or obligation.'
Meanings by Part of Speech
Noun 1
the act of extinguishing a debt or obligation, often through gradual payments.
The admortization of the loan was scheduled over 10 years.
Synonyms
Antonyms
Last updated: 2025/05/11 09:06