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

Additional Related Terms: 12b-1 funds, Active asset, Alternative assets, Asset, Asset/equity ratio, Available assets, Average collection period, Asset management account, Accrual of discount, Accrued interest