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Amortization

Definition 1 The gradual elimination of a Liability, such as a Mortgage, in regular payments over a specified period of time. Such payments must be sufficient to Cover both Principal and Interest. Definition 2 Writing off an intangible Asset investment over the projected life of the assets.

Related Terms: 11 Asset, Cover, ECI, FIN, Intangible asset, Interest, Inc., Liability, Mortgage, Principal, Tangible asset
Other Related Pages: Category: Real_Estate Starting With: A
Semi Related Terms: 612 CLICK HERE TO VIEW
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