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Origin and history of amortization

amortization(n.)

1670s, in reference to the alienation of lands given to religious orders, noun of action from amortize. Of debts, "extinction (especially by a sinking-fund)," from 1824.

also from 1670s

Entries linking to amortization

amortize(v.)

late 14c., amortisen, in law, "to alienate lands," also (c. 1400) "to deaden, destroy;" from Old French amortiss-, present-participle stem of amortir "deaden, kill, destroy; give up by right" (12c.), from Vulgar Latin *admortire "to extinguish," from ad "to" (see ad-) + mortus "dead," from Latin mors "death" (from PIE root *mer- "to rub away, harm").

The literal sense "make dead" is obsolete in English. In reference to extinguishing a debt from early 19c. Related: Amortized; amortizing.

amortisation(n.)

chiefly British English spelling of amortization; see -ize.

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    decrease
    early 15c., decresen (intransitive) "become less, be diminished gradually," from Anglo-French decreiss-, present-participle stem of decreistre, Old French descroistre (12c., Modern French décroître), from Latin decrescere "to grow less, diminish," from de "away from" (see de-) +
    introduce
    early 15c., "convey or bring (something) in or into," a back-formation from introduction or else from Latin introducere "to lead in, bring in," from intro- "inward, to the inside" (see intro-) + ducere "to lead" (from PIE root *deuk- "to lead"). Meaning "to bring forward, open to
    reduction
    early 15c., reduccioun, "a restoring to a former state" (a sense now obsolete), also "a conquest or subjugation" (of a people, etc.), from Old French reducion (13c., Modern French réduction) and directly from Latin reductionem (nominative reductio) "a leading back, restoration,"
    diminution
    c. 1300, diminucioun, "extenuation of sin;" late 14c. as "act of diminishing, lessening, or reducing; process of becoming less," from Anglo-French diminuciun, Old French diminucion and directly from Latin diminutionem (nominative diminutio), earlier deminutionem, noun of action f
    weird
    c. 1400, "having power to control fate," from wierd (n.), from Old English wyrd "fate, chance, fortune; destiny; the Fates," literally "that which comes," from Proto-Germanic *wurthiz (source also of Old Saxon wurd, Old High German wurt "fate," Old Norse urðr "fate, one of the th
    premium
    c. 1600, "reward given for a specific act or a particular line of conduct," from Latin praemium "reward, profit derived from booty," from prae "before" (see pre-) + emere "to buy," originally "to take" (from PIE root *em- "to take, distribute"). The sense of "amount to be paid by
    curry
    late 13c., "to rub down a horse," from Anglo-French curreier "to curry-comb a horse," from Old French correier "put in order, prepare, curry," from con-, intensive prefix (see com-), + reier "arrange," from a Germanic source (see ready). Related: Curried; currying. To curry favor
    onion
    early 12c., ungeon, oinyon, unione, "the underground bulb of the common onion plant," from Anglo-French union, Old French oignon "onion" (formerly also oingnon), and directly from Latin unionem (nominative unio), a colloquial rustic Roman word for a kind of onion, also "pearl" (v
    dialogue
    c. 1200, "literary work consisting of a conversation between two or more persons," from Old French dialoge and directly from Latin dialogus, from Greek dialogos "conversation, dialogue," related to dialogesthai "converse," from dia "across, between" (see dia-) + legein "to speak"
    emphasis
    1570s, "intensity of expression," from Latin emphasis, from Greek emphasis "an appearing in, outward appearance;" in rhetoric, "significance, indirect meaning," from emphainein "to present, exhibit, display, let (a thing) be seen; be reflected (in a mirror), become visible," from

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