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American Dictionary of the English Language

Webster's Dictionary 1828

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Amortize


AMORT'IZE, verb transitive [Latin mors, death. See Mortmain.]

In English law, to alienate in mortmain, that is, to sell to a corporation, sole or aggregate, ecclesiastical or temporal, and their successors. This was considered as selling to dead hands. This cannot be done without the kings license. [See Mortmain.]