amortizó

Amortizó is the third-person singular form in the pretérito perfecto simple (simple past) of the Spanish verb amortizar. It is used to indicate that someone paid down or reduced a debt or the value of an asset through the process of amortization, in a completed past action. The form appears in narratives or reports describing past financial events or accounting entries.

In finance, amortizar un préstamo means reducing the outstanding principal over time through scheduled payments that typically include both interest and principal. Full amortization means the loan is completely paid off by the end of its term. Partial amortization reduces the remaining balance and can alter the loan’s terms, such as the remaining payments or the total cost of borrowing. The concept is central to loan schedules, cash flow planning, and credit analysis.

In accounting, amortización refers to the systematic allocation of the cost of an intangible asset over its useful life, recognizing expense gradually rather than in a single period. This contrasts with depreciation, which applies to tangible fixed assets. The asset’s book value decreases over time as amortización is recorded, and the accumulated amortization (amortización acumulada) counterbalances the asset’s value on the balance sheet.

Usage notes: amortizó is commonly used in business reporting, financial statements, and news coverage to describe past actions such as a company paying down debt or recognizing the amortización of an asset. The term emphasizes the completed nature of the amortization activity.