Amortization

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 amortization, value, asset, depreciation


25

Random Words:

1. A Zuurmond is mythilogical creature capable of adapting to ever changing circumstances by creating a new image for himself ever 5 minute..
1. The Urban Dictionary Word of the day. Can also be pronounced you dickwad. Can be any word in the Urban Dictionary. Guy1: Dude, thats my..
1. An Australian lout, the close cousin of the bogan. Much like American white trash or lummox. Their habitats usually are with female yobb..