<p><strong>Verb</strong></p><ul><li>(used with object) to liquidate or extinguish (a mortgage, debt, or other obligation), especially by periodic payments to the creditor or to a sinking fund.</li><li>to write off a cost of (an asset) gradually.</li><li>Old English Law: to convey to a corporation or church group; alienate in mortmain.</li></ul><p><strong>End of Response</strong></p>