12 letters · 23 points in Scrabble
noun the reduction of the value of an asset by prorating its cost over a period of years
noun payment of an obligation in a series of installments or transfers
originFrom Middle English amortisen (“to kill, alienate in mortmain”), from Anglo-Norman amorteser, alteration of Old French amortir, from Vulgar Latin *admortire (“to kill”), from Latin ad- and mors, mortem (“death”).
Etymology from Wiktionary, CC BY-SA 3.0