Bible Encyclopedias
Amortization

1911 Encyclopedia Britannica

(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.