amortization schedule

amortization schedule definition - business

amortization schedule

A table that illustrates for each payment period of a loan the payment, interest expense, principal reduction, and loan balance over time.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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