Unamortized
verb (used with object), amortized, amortizing.
1.
Finance.
to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund.
to write off a cost of (an asset) gradually.
2.
Old English Law. to convey to a corporation or church group; alienate in mortmain.
verb (transitive)
1.
(finance) to liquidate (a debt, mortgage, etc) by instalment payments or by periodic transfers to a sinking fund
2.
to write off (a wasting asset) by annual transfers to a sinking fund
3.
(property law) (formerly) to transfer (lands, etc) in mortmain
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