Friday, February 01, 2013

Today's word

amortize \AM-er-tyze\

I've known this word for decades, but have always mentally mispronounced it (\uh-MOR-tyze\).  I've also never considered this, from the WOTD write-up:

"When you amortize a loan, you 'kill it off' gradually by paying it down in installments."  (Which, may I say, fits my pronunciation better than it does the correct one.)

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