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| Definition Of: |
Amortization
The process of separating payments into principal and interest. An amortized loan is one in which the principal amount of the loan is repaid in installments over the life of the loan with each payment comprised of both interest and principal.
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Leasing Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 A: Page 1 of 4.
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