Loan Amortization Definition

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Posted on January 21, 2019 at 02:35 AM

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Amortizing loan - Wikipedia
In banking and finance, an amortizing loan is a loan where the principal of the loan is paid down over the life of the loan (that is, amortized) according to an amortization schedule, typically through equal payments.
Loan Amortization definition and meaning - Define Loan ...
Loan Amortization Definition. Loan Amortization means the process of paying off a loan. The amount of the debt is reduced by scheduled, regular payments of principal and interest over a specific period of time.
Amortization - definition of amortization by The Free ...
amortization - the reduction of the value of an asset by prorating its cost over a period of years amortisation reduction , step-down , diminution , decrease - the act of decreasing or reducing something

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