Amortize - Law Dictionary Search Results
amortize
Matched in: Term amortize
Amortize
Matched in: Term Amortize
amortization
amortization The gradual payment of a debt through a schedule of payments or the writing off of an intangible
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negative amortization
negative amortization amortization means that monthly payments are large enough to pay the interest and reduce the principal on your
Amortization, or Amortizement
Amortization, or Amortizement. See ADMORTIZA-TION.
capitalize
2 a : to compute the present value of (an income extended over a period of time) compare amortize b : to convert (a periodic payment) into an equivalent capital sum [capitalized annuities] 3 : to supply
deduct
total ;specif : to take as a deduction [must be capitalized…rather than immediately ed "D. Q. Posin"] compare amortize
balloon
much larger than preceding ones in an installment or term loan [a payment] NOTE: In contrast to an amortized loan, a balloon loan is generally repaid in periodic payments of interest and a large, lump sum payment
cap
Payment caps do not limit the amount of interest the lender is earning, so they may cause negative amortization. Source: U.S. Department of Housing and Urban Development
collateralized mortgage obligation
bond collateralized by a pool of mortgage obligations or pass-through securities and paid according to the maturity and amortization schedule of its class and not directly from the underlying obligations called also CMO see also remic compare
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