amortized. 1  transitive verb. 2  1 : to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund amortize a loan. 3  2 : to gradually reduce or write off the cost or value of (something, such as an asset) amortize goodwill amortize machinery.
Q: How much does it cost to join CAP? A: The initial cost is $67.00 (2 checks- $35 & $32 made payable to Civil Air Patrol). Thereafter there are annual NY Wing dues of $32 and LI Group dues of $15. Q: What is the process for joining as a Cadet? A: Attend 3 Squadron meetings to determine if CAP is for you.
Cost of Membership. The fee for a new Regular member is currently $51 for the year. Renewals in subsequent years are $51 less $5 if paid by the April 30 due date. If your spouse/mate is also eligible and joins, the fee for a new Family member is half that of Regular members.A CPS flag will be given to all who join the Squadron at the Graduation ceremony.If you decide to take out membership, talk to us following the writing of the Boating Course exam.e look forward to seeing you at that time. Membership Information for Others. If you have completed the CPS Boating Course and want to join the Saanich Peninsula Squadron, contact our Membership Officer, at Membership.