the.com/amortization

Debt's slow bleed, disguised as a schedule so orderly it feels like virtue.

means The practice of paying off a debt or spreading the cost of an asset over time through regular, scheduled installments.

from From Old French 'amortir' (to deaden or kill off), itself rooted in Latin 'ad-' (to) plus 'mors/mort-' (death). The word originally meant to extinguish or kill a debt outright — medieval legal Latin 'admortizare' described transferring land to a corporate body (like a church), where it became legally 'dead' and could never change hands again. Over centuries the sense softened from one grim death to a slow, metered one: not debt killed in a single stroke, but bled out in installments, line by line on a schedule.

early payments
mostly interest, barely dent the principal
etymology
from latin for killing something slowly
vs depreciation
same math, but for intangible assets
psychology trick
equal payments hide the shrinking interest share
the.com · every word