A-môr'ti-zā'tion or A-môr'tize-ment, n.

n. [L. Lat. amortisatio, ad-mortizatio, amortisamentum, Fr. amortissement, Pr. amortissament, amortesimen. See infra.]

1. (Law.) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
2. The extinction of debt, particularly by means of a sinking fund. Simmonds.