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.
Costco is a membership warehouse club, which requires consumers to pay an annual fee to shop in its stores. Lasser suspected the retailer will increase the annual fee for its basic Gold Star Membership to $60 from $55, and raise its Executive Membership price to $120 from $110. But the higher price tags aren't set in stone.