the.com/amortization
Death by a thousand tiny payments, scheduled so the pain feels orderly.
means Gradually paying off a debt, or spreading an asset's cost, across regular installments over time.
from From Latin 'ad mortem' — to death — via Old French 'amortir,' to kill off. You are literally killing the debt slowly.
Early yearsMost payments feed interest, barely touching the principal.
Two flavorsLoans get amortized; intangible assets do too.
SiblingTangible assets depreciate; intangibles amortize.