Amortize
Pronunciation : A*mor"tize
Part of Speech : v. t.
Etymology : [OE. amortisen, LL. amortisare, admortizare, F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See Mortmain].
Definition : 1. To make as if dead; to destroy. [Obs.] Chaucer.
2. (Law)
Defn: To alienate in mortmain, that is, to convey to a corporation. See Mortmain.
3. To clear off or extinguish, as a debt, usually by means of a sinking fund.
Source : Webster's Unabridged Dictionary, 1913