The phrase "amortize debt" is correct and usable in written English.
You can use it in financial contexts when discussing the process of gradually paying off a debt over time through regular payments.
Example: "The company plans to amortize its debt over the next five years to improve its financial stability."
Alternatives: "repay debt" or "reduce debt".
Then, he explained, the city could "amortize the debt over the next 25 years" to create an affordable housing trust fund.
A.... What we have proposed is to amortize the debt using some revenue streams that either exist, which I'll mention, or that are potentially brand new.
Some income from the property will flow to the city to cover interest on the debt, amortize the principal and generate extra money for city coffers.
Indulgences could be granted only by popes or, to a lesser extent, archbishops and bishops as ways of helping ordinary people measure and amortize their remaining debt.
It is difficult to determine which part of the federal deficit is funding long-term expenses that state and local governments fund through debt and amortize over the lifetime of a project, and what part is funding current expenses.
$122,000 municipal debt, amortizing over 19 years at 5%. $750,000 , 10year bank loan, amortizing at 5% on a 20 year amortization schedule.
What To Do With Your Money Now: We strongly believe that the greatest opportunity is in the segment of the leveraged bank loan market limited to large capitalization borrowers with the capability of amortizing their senior debt over the next few years.
In 1729, the French government staged a sort of lottery to help amortize some of the royal debt.
A campus-based institution may have a cost basis of $3,000 per class when they amortize fixed and variable expenses, plus debt service; essentially, students have to buy the "whole college" to get a particular class.
