What is Amortization?
1.
1. the reduction of the value of an asset by prorating its cost over a period of years
2. payment of an obligation in a series of installments or transfers
The amortization table indicates how many payments must be made before the vehicle is paid in full.
See
Random Words:
1.
An absurd chatter on Yahoo!. Of course, this is not a real word, and this is hardly a feasible definition, but I figured I'd do the..
1.
Latin proverb, translated to English: "Winners never quit, quitters never win."
Numquam cedunt victores, numquam ignavi vincu..