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amortization

1. The gradual elimination of a liability, such as a mortgage, in regular payments over a specified period of time. Such payments must be sufficient to cover both principal and interest. 2. Writing off an intangible asset investment over the projected life of the assets.

Related information about amortization:
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  2. Amortization - Wikipedia, the free encyclopedia
    Amortization (or amortisation) is the process of decreasing, or accounting for, an amount over a period. The word comes from Middle English amortisen to kill, ...
     
  3. Amortization (business) - Wikipedia, the free encyclopedia
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  6. Amortization Schedule Calculator -- Bankrate.com
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  7. Amortization Definition | Investopedia
    1. The paying off of debt in regular installments over a period of time. 2. The deduction of capital expenses over a specific period of time (usually over the asset's ...
     
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    Use HSH.com's free mortgage calculator to save on your mortgage loan. Figure out monthly payment along with amortization schedule, tables and graphs.