"Amortization" is a word in LAW AND LEGAL, ENGLISH
An alienation of lands or tenements in mortmain. The reduction of the property of lands or tenements to mortmain
The act or right of alienating lands to a
corporation, which was considered formerly as transferring them to dead
hands, or in mortmain.
The extinction of a debt, usually by means of a
sinking fund; also, the money thus paid.
You may avoid the risk of a car accident if you avoid driving, but you will lose the joy and freedom of driving.
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"Did you get your money?" ask the wife of the dentist who had just return from the delinquent patient's home."Not a cent," growled the dentist, "and worse than that, he insulted me, and gnashed my teeth at me!"
The reducing or lands or tenements to mortmain. See Mortmain.
Read the complete definitionTo alien lands in mortmain
Read the complete definitionIn Scotch law. A term nearly synonymous with “mortmain." Bell. Lands are said to be mortified for a charitable purpose
Read the complete definitionPossession of lands or tenements in, or conveyance to, dead hands, or hands that cannot alienate.
Read the complete definitionA term applied to denote the alienation of lands or tenements to any corporation, sole or aggregate, ecclesiastical or temporal. …
Read the complete definition