amortize
verb
[ əˈmɔːtʌɪz ]
• gradually write off the initial cost of (an asset) over a period.
• "the vessel's owners could not amortize her high capital costs"
Origin:
late Middle English (in the senses ‘deaden’ and ‘transfer (land) to a corporation in mortmain’): from Old French amortiss-, lengthened stem of amortir, based on Latin ad ‘to, at’ + mors, mort- ‘death’.
