Amortization (business) - Wikipedia
https://en.wikipedia.org/wiki/Amortization_%28business%29
Amortization of loans. In lending, amortization is the distribution of loan repayments into multiple cash flow instalments, as determined by an amortization schedule.Unlike other repayment models, each repayment installment consists of both principal and interest, and sometimes fees if they are not paid at origination or closing.Amortization is chiefly used in loan repayments (a …
DA: 53 PA: 19 MOZ Rank: 39