Amortization

Definition:

1. The gradual reduction of a debt by means of equal periodic payments sufficient to meet current interest and liquidate the debt at maturity.

2. In accounting, the systematic writing off of an account or asset over its estimated life (depreciation).

Related terms:

Saturation

Useful articles:

»	Four Sales Success Secrets
»	Increase Your Selling Time
»	Using Referral Prospecting to Build Your Business
»	Looking for the Magic Pill

Car payments

This calculator estimates your monthly payments on an auto loan

Investment

Provide a guide to possible financial outcomes for the purchase of an investment property

Portfolio

This calculator is a guide to help you design investment portfolios for five different levels of risk

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Marketing

Persuasive Selling-Planning Your Message

Delivering effective sales presentations requires careful planning. A sales message must be concise and to the point. Since prospects are bombarded with information, it must also be hard hitting. F... [ more... ]

Career

How To Be A Consummate Speaker Faster

How do consummate speakers do it? How do they get there? How do you make yourself a consummate speaker -- and how do you do it faster? In this space you harvest as many ideas as I can pack into 625... [ more... ]

Marketing

The Industrial Distributor - A Threatened Species?

The Industrial Distributor—Getting Squeezed from Both Directions

The industrial distributor has been a marketing mainstay in many business-to-business market segments. ... [ more... ]

Term: Banking -> Amortization

Amortization

1. The gradual reduction of a debt by means of equal periodic payments sufficient to meet current interest and liquidate the debt at maturity. 2. In accounting, the systematic writing off of an account or asset over its estimated life (depreciation).

Compounding