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Sunday, August 10th, 2025
the Week of Proper 14 / Ordinary 19
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Bible Encyclopedias
Amortization

1911 Encyclopedia Britannica

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(derived through the French from Lat. ad, and mortem, to death), literally an extinction or doing to death, a word formerly used of alienating lands in mortmain, and now for the paying off of a debt, particularly by means of a regular sinking-fund; thus "amortization" and "amortization fund" generally refer to the latter method of extinguishing some pecuniary liability.

Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Amortization'. 1911 Encyclopedia Britanica. https://www.studylight.org/​encyclopedias/​eng/​bri/​a/amortization.html. 1910.
 
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