A*mor"tize (#), v. t. [OE. amortisen, LL. amortisare, admortizare, F. amortir to sell in mortmain, to extinguish; L. ad + mors death. See Mortmain].

1.

To make as if dead; to destroy.

[Obs.]

Chaucer.

2. Law

To alienate in mortmain, that is, to convey to a corporation. See Mortmain.

3.

To clear off or extinguish, as a debt, usually by means of a sinking fund.

 

© Webster 1913.

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