No. 8,172 in Swedish
amortera
To pay off or reduce a debt in installments.
In a sentence
Jag planerar att amortera på mitt lån varje månad.
I plan to amortize my loan every month.
The usage here indicates the regular payment made to reduce the principal of a loan over time.
Banken rekommenderar att du amorterar mer för att minska räntekostnaderna.
The bank recommends that you amortize more to reduce interest costs.
The term is used as advice for increasing periodic payments to decrease overall borrowing costs.
Vi har bestämt oss för att inte amortera extra detta år eftersom budgeten är tight.
We decided not to amortize extra this year because the budget is tight.
Here, 'amortera' expresses the decision to refrain from additional payments beyond the stipulated amount.
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