Amortized fees are those costs associated with a particular product or service that are paid in increments over time, rather than all up front. These payments are typically spread out to make the overall cost more affordable and reduce immediate financial burden on consumers. For example, a mortgage loan may come with an amortized fee, meaning the borrower will pay portions of it as part of their monthly payment. Amortization is an important concept for businesses, and can be thought of as a repayment plan for services or products that offer long-term benefits.