Difference between revisions of "Amortization"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
| Line 5: | Line 5: | ||
== See Also == | == See Also == | ||
| + | * [[Amortization Type]] | ||
| + | * [[Amortization Schedule]] | ||
* Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012 | * Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012 | ||
| − | |||
| − | |||
| − | |||
[[Category:Debt]] | [[Category:Debt]] | ||
| − | |||
| − | |||
| − | |||
| − | |||
Revision as of 18:08, 16 May 2024
Definition
Amortization. The process of reduction of debt or other costs through periodic charges to assets or liabilities, such as through principal payments on mortgages.
Amortization happens over a defined period of time.
See Also
- Amortization Type
- Amortization Schedule
- Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
