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.
Membership Costs and Fees. The fees will depend on the type of membership you ask for and the location. On the average though you can expect to pay $34.95 a month for a single membership (18 years and older), and for joint membership (two people 18 and older) the cost is $49.95.