Difference between revisions of "Amortisation"

Latest revision as of 12:40, August 11, 2007

Redirect to:

Revision as of 12:36, August 11, 2007 (view source) Aschlafly (talk \| contribs) m (undeadend, spelling) ← Older edit		Latest revision as of 12:40, August 11, 2007 (view source) Aschlafly (talk \| contribs) (change to redirect)
(One intermediate revision by the same user not shown)
Line 1:		Line 1:
−	~~Amortisation is the running down or payment of a~~ [[loan]] by installments. An example is a repayment [[mortgage]] on a house, which is amortized by making monthly payments that over a pre-agreed period of time cover the value of the loan plus interest. With loans that are not amortized, the borrower pays only interest during the period of the loan and then repays the sum borrowed in full.	+	#REDIRECT [[amortization]]
−	~~[[Category:Banking~~]]