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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
Semi Related Terms: 612 CLICK HERE TO VIEW
12b-1 funds ,
Active asset ,
Alternative assets ,
Asset ,
Asset/equity ratio ,
Available assets ,
Average collection period ,
Asset management account ,
Accrual of discount ,
Accrued interest ,
Amortization of premium ,
Asset-backed security ,
Asset swap ,
At par ,
All or any part ,
At best ,
At call ,
Adjustable life insurance ,
At risk ,
Asset acquisition ,
Asset class ,
Asset financing ,
Add-on service ,
Abstract of title ,
Action to quiet title ,
As is ,
Assignment to creditors ,
Attorney in fact ,
Adjustable Rate Mortgage ,
Asset-based finance ,
Asset-based lending ,
Asset conversion loan ,
Assignment of mortgage ,
Assumable mortgage ,
Average life ,
A shares ,
Asset allocation fund ,
Assets under management ,
Asset turnover ,
Automatic investment plan ,
Average price per share ,
At the money ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Ad valorem ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Back pay ,
Below the line ,
Books of final entry ,
Books of original entry ,
Book value per share ,
Banking Act of 1933 ,
Benchmark interest rate ,
Bid-to-cover ratio ,
Bureau of Public Debt ,
Brought over the wall ,
Buying on margin ,
Buy on close ,
Buy on opening ,
Buy the book ,
Basic earnings per share ,
Balance of payments ,
Base interest rate ,
Base period ,
Board of Governors ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
Balloon payment ,
B shares ,
Buy and write ,
Blackout period ,
Balanced investment strategy ,
Blow-off top ,
Breadth-of-market theory ,
Beat the gun ,
Capital asset ,
Capital investment ,
Capitalized interest ,
Capital liability ,
Cash asset ratio ,
Cost Of Goods Sold ,
Cost of sales ,
Central assets account ,
Compound interest ,
Certificate of Participation ,
Collateralized Mortgage Obligation ,
Committee on Uniform Securities Identification Procedures ,
Code of procedure ,
Capitalization of income ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Cash and carry trade ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Cash value life insurance policy ,
Chartered Life Underwriter ,
Cost-of-living rider ,
Credit life insurance ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Contingent liability ,
Cancellation of debt ,
Certificate of Claim ,
Chattel mortgage ,
Commercial mortgage ,
Consumer interest ,
Conventional mortgage ,
Cost of debt capital ,
Cost of funds ,
Cure period ,
Closed-end investment company ,
C shares ,
Class of options ,
Close to the money ,
Certificate of Occupancy ,
Cloud on title ,
Cash or Deferred Arrangement ,
Capital Asset Pricing Model ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Cover ,
Child and dependent care credit ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Cornering the market ,
Curbs in ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Deferred interest bond ,
Delivery vs. payment ,
Dual currency bond ,
Dual listing ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Date of record ,
Distribution period ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Decreasing term life ,
Dual life insurance ,
De-escalation clause ,
De facto ,
Doing business as ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Deferred payment ,
Discharge of bankruptcy ,
Discharge of lien ,
Down payment ,
Due-on-sale clause ,
Dual-purpose fund ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Deferred payment annuity ,
Defensive investment strategy ,
Dogs of the Dow ,
Depth of market ,
Earning asset ,
Effective annual interest rate ,
Eurodollar certificate of deposit ,
Exact interest ,
Escrowed to maturity ,
Either-or order ,
ECI ,
E-mini ,
Exchange of spot ,
Equity mortgage ,
Explicit interest ,
Expiration time ,
Employee Retirement Income Security Act of 1974 ,
Financial asset ,
First In First Out ,
Fixed asset ,
Federal Savings and Loan Association ,
Federal Home Loan Mortgage Corporation ,
Federal National Mortgage Association ,
Flight to quality ,
Flow of funds ,
Fill or kill ,
Front-ending an order ,
Forward P/E ,
Fully diluted earnings per share ,
Factors of production ,
Favorable balance of trade ,
Forward cover ,
Foreign direct investment ,
Form S-1 ,
Friends and family offering ,
First mortgage ,
Fixed-Rate Mortgage ,
Forward interest rate ,
Full faith and credit ,
Family of funds ,
Fund of funds ,
Finite-life REIT ,
Free and clear ,
Fixed investment trust ,
Free right of exchange ,
FIN ,
Government National Mortgage Association ,
Guaranteed Investment Contract ,
G-7 ,
General Agreement on Tariffs and Trade ,
G-8 ,
Grace period ,
General mortgage ,
Graduated payment ,
Growing equity mortgage ,
Growth and income fund ,
Gather in the stops ,
Hidden asset ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Health Insurance Portability and Accountability Act ,
Holder in due course ,
High-ratio mortgage ,
Home Equity Conversion Mortgage ,
Home equity line of credit ,
Home Mortgage Disclosure Act ,
HUD-1 statement ,
Holding period ,
Head and shoulders ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Inactive asset ,
Intangible asset ,
Investment flows ,
Interest-bearing ,
In escrow ,
Interest rate collar ,
Interest rate risk ,
Interest rate swap ,
Investment bill ,
Investment-grade bond ,
Investment letter ,
Investment security ,
Investment value ,
In-house ,
Investment Advisor Act of 1940 ,
Investment bank ,
Investment banker ,
Investment Bankers Association ,
Investment banking ,
Investment banking group ,
Investment Company Act of 1940 ,
In line ,
Investment multiplier ,
Interest rate futures ,
Insurable interest ,
Insider Trading sanctions Act of 1984 ,
Interest ,
Interest expense ,
Internal Rate of Return ,
Indication of interest ,
Inc. ,
In intestacy ,
Inter vivos trust ,
Imputed interest ,
Insured mortgage ,
Interest deduction ,
Interest-only loan ,
Interest rate ,
Interest rate cap ,
Interest rate ceiling ,
Interest rate floor ,
In play ,
In-process research and development ,
Investment company ,
Investment fund ,
Investment objective ,
Investment policy ,
Investment trust ,
Interest rate option ,
I/O strip ,
Inchoate interest ,
Interest-only strip ,
Investment property ,
Immediate payment annuity ,
In-service withdrawal ,
Investment philosophy ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
Jointly and severally ,
Jumping the gun ,
Joint and several liability ,
Joint mortgage ,
Joint and survivor annuity ,
Joint life annuity ,
Last In First Out ,
Liability ,
Lender of last resort ,
Law of one price ,
Lending at a rate ,
Limit-on-close order ,
Law of demand ,
Law of supply ,
London International Financial Futures and Options Exchange ,
London Inter-Bank Offer Rate ,
Life expectancy ,
Life insurance ,
Letter of comment ,
Lockup period ,
Legal age ,
Legal assets ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Long-term mortgage ,
Life annuity ,
Life expectancy method ,
Leading the market ,
Limited Liability Company ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Mortgage-backed certificate ,
Mortgage-backed security ,
Mortgage bond ,
Mortgage pass-through security ,
Mortgage pool ,
Municipal investment trust ,
Make a market ,
Market if touched order ,
Market on close order ,
Mark-to-market ,
Medium of exchange ,
Marginal propensity to consume ,
Mortgage life insurance ,
Mortgage lien ,
Minimum payment ,
Money at call ,
Mortgage ,
Mortgage banker ,
Mortgage banking ,
Mortgage broker ,
Mortgage debt ,
Mortgage interest deduction ,
Mortgage note ,
Mortgage rate ,
Mortgage REIT ,
Mortgage risk ,
Mortgage servicing ,
Net current assets ,
Net interest margin ,
Net investment ,
Net quick assets ,
Net tangible assets ,
Noncurrent asset ,
Non-financial asset ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Non-interest-bearing note ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
Nominal asset ,
Notice period ,
Nonparticipating life insurance policy ,
Net Asset Value ,
Null and void ,
Nonperforming asset ,
Notice of Default ,
Notional principal amount ,
National Association of Real Estate Investment Trusts ,
Non-investment property ,
Normal retirement age ,
Off-balance-sheet financing ,
Off the books ,
One time charge ,
Other current assets ,
Office of Thrift Supervision ,
Ordinary interest ,
Out-of-favor ,
Over-the-Counter ,
Off-floor order ,
On-floor order ,
On margin ,
Or better ,
Open interest ,
Opinion of title ,
On account ,
On-the-spot loan ,
Open-end mortgage ,
Open mortgage ,
Original principal balance ,
Overlying mortgage ,
Out of the money ,
Old age, survivors, and disability insurance ,
On-balance volume ,
Off-board ,
On close ,
On open ,
On the opening ,
Pooling of interests ,
Profit and loss statement ,
Pro forma ,
Payment date ,
Payment-in-kind security ,
Premium over bond value ,
Premium over conversion value ,
Price Value of a Basis Point ,
Payment for order flow ,
P&L ,
Primary earnings per share ,
Periodic payment plan ,
Private Mortgage Insurance ,
Per stirpes ,
Pour-over will ,
Power of Attorney ,
Package mortgage ,
Personal interest ,
Prepaid interest ,
Principal ,
Principal amount ,
Principal balance ,
Principal risk ,
Prioritization of debt ,
Projected maturity date ,
Purchase-money mortgage ,
Plan asset ,
Paid-in capital ,
Paid-in surplus ,
Payback period ,
Private Investment in Public Equity ,
Preservation of capital ,
Point-and-figure chart ,
Painting the tape ,
Quick assets ,
Quiet period ,
Real asset ,
Reports and Records ,
Return of capital ,
Return on Capital ,
Return on Invested Capital ,
Return on Total Assets ,
Real interest rate ,
Real Estate Mortgage Investment Conduit ,
Regular-way delivery ,
Reading the tape ,
Real-time trade reporting ,
Receive against payment ,
Receive versus payment ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rule 15c3-1 ,
Rules of Fair Practice ,
Rate of exchange ,
Reciprocal of European terms ,
Regulated investment company ,
Regulation A ,
Reverse Take-Over ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Remaining principal balance ,
Residential mortgage ,
Reverse-annuity mortgage ,
Reverse mortgage ,
Revolving line of credit ,
Right of recourse ,
Roll over ,
Rollover mortgage ,
Rule of 78 ,
Registered options principal ,
Redemption period ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Risk/return trade-off ,
Return on Capital Employed ,
Rate of return ,
Real rate of return ,
Real-time ,
Selling, General and Administrative Expenses ,
SG&A ,
Stranded asset ,
Savings and Loan ,
Sight letter of credit ,
Simple interest ,
S&L ,
Stop payment ,
Securities and Exchange Commission ,
Segregation of securities ,
Sell the book ,
Standard of living ,
Second-to-die insurance ,
Single-premium life insurance ,
Stock life insurance company ,
Short interest ,
Short interest ratio ,
Statute of Limitations ,
Statutory investment ,
Sale and leaseback ,
Satisfaction of debt ,
Secondary mortgage market ,
Second mortgage ,
Security interest ,
Self-amortizing mortgage ,
Share appreciation mortgage ,
Single-payment loan ,
Standard payment calculation ,
Staggered board of directors ,
Systematic investment plan ,
Selling the spread ,
Single-life annuity ,
Selling short against the box ,
Short cover ,
Shorting against the box ,
S Corporation ,
Short-term gain or loss ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
S&P phenomenon ,
Stop and reverse ,
Tangible asset ,
Tangible net worth ,
Times interest earned ,
Total assets ,
Time deposit ,
Time draft ,
T-Bill ,
Term to maturity ,
Take a position ,
Time order ,
Trailing P/E ,
Total asset turnover ,
Tenancy by the entirety ,
TED spread ,
Time note ,
Truth in Lending ,
Two-step mortgage ,
Time spread ,
Tenancy at will ,
Time-sharing ,
Transfer payments ,
The Street ,
Time stop ,
Timing the market ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Take a bath ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Umbrella liability insurance ,
Universal life ,
Unearned interest ,
Unit Investment Trust ,
Unit of trade ,
Unit of trading ,
Variable life ,
Variable universal life ,
Vesting period ,
With interest ,
Waiver of premium ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
X or XD ,
Year-over-year ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares ,
Zero-investment portfolio