What context can I use each word in?
Learn when and how to use these words with these examples!
amortize
Example
The company plans to amortize the loan over the next five years. [amortize: verb]
Example
The cost of the new equipment will be amortized over its useful life. [amortized: past participle]
settle
Example
I need to settle my credit card bill before the due date. [settle: verb]
Example
The two parties were able to settle their differences and reach a compromise. [settle: verb]
Good things to know
Which word is more common?
Settle is more commonly used than amortize in everyday language. Settle is versatile and covers a wide range of contexts, while amortize is less common and is typically used in financial or accounting contexts.
What’s the difference in the tone of formality between amortize and settle?
Amortize is typically associated with a formal and technical tone, while settle is more versatile and can be employed in both formal and informal contexts.
