- To make as if dead; to destroy. - To alienate in mortmain, that is, to convey to a
corporation. See Mortmain. - To clear off or extinguish, as a debt, usually by
means of a sinking fund.
Fully amortized loan Fully amortized loan is a credit market instrument that provides a borrower with an amount of money that is repaid by making a fixed payment periodically (usually monthly) for a set number of years.