Sentence examples similar to are amortized based on from inspiring English sources

The phrase "are amortized based on" is correct and usable in written English.
It can be used in financial or accounting contexts to describe how costs or expenses are spread out over time according to a specific criterion.
Example: "The costs of the new equipment are amortized based on its expected useful life."
Alternatives: "are spread out according to" or "are allocated based on".