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amortization
amortizing mortgage
A Dictionary of Business and Management
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2006
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© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information)
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amortizing mortgage A
mortgage in which all the principal and all the interest has been repaid by the end of the mortgage agreement period. Although equal payments may be made during the term of the mortgage, the sums are divided, on a sliding scale, between interest payments and repayments of the principal. In the early years most of the payments go towards the interest charges, while in later years more repays the sum borrowed, until this sum is reduced to zero with the last payment. Compare
balloon mortgage.
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New Website With Built-in Amortization Calculator Taking the Guesswork Out of the Mortgage/Loan Process.
PR Newswire; 12/9/2005; 700+ words
; Amortization-Calc.com Showing Borrowers Precisely How Their Amortization Schedule is Broken Down STRATFORD, Conn., Dec...turn when seeking financial lending assistance. Amortization-Calc.com recently made its Internet debut...
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 "Star Tribune (Minneapolis, MN)")
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Amortization: On fast track from obscurity to outlaw act; It's a tool that cities use to get rid of eyesores, and a law banning it now sits on Gov. Jesse Ventura's desk.(NEWS)
Newspaper article from: Star Tribune (Minneapolis, MN); 4/22/1999; ; 700+ words
; ...anyone in Minnesota knew anything about amortization, an arcane and seldom-used zoning...Today the nation's first bill to ban amortization is on Gov. Jesse Ventura's desk...people who would never be affected by amortization - in which a city gives a property...
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Rep. Bean Introduces Negative Amortization Mortgage Loan Transparency Act
News Wire article from: US Fed News Service, Including US State News; 10/22/2007; 621 words
; ...Illinois, has introduced the Negative Amortization Mortgage Loan Transparency Act (H...the legislation follows:Negative Amortization Mortgage Loan Transparency ActH.R...Act may be cited as the `Negative Amortization Mortgage Loan Transparency Act...
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Protection One Outlines Amortization Changes and Announces 3rd Quarter Results.
Business Wire; 11/15/1999; 700+ words
; ...the SEC has raised with regard to the amortization of customers' accounts," said John...of Protection One. The company's amortization methodology has changed from a 10...line method to a 10-year accelerated amortization method for two of three distinct customer...
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Amortization of life estates and term interests.
Magazine article from: The Tax Adviser; 8/1/1992; ; 700+ words
; ...special rules may apply to deny this amortization entirely and impose an odd set of basis...income from the security by $6,000 of amortization of cost each year. After the term...Sec. 167(e) provides that no amortization of the term interest is allowed. Instead...
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Amortization; Let cities keep zoning tool.(NEWS)
Newspaper article from: Star Tribune (Minneapolis, MN); 4/13/1999; 700+ words
; ...blight tool they have had for decades - amortization. The former mayor who now occupies...valuable option for regulating land use. Amortization is one of two tools local governments...ordinances; the other is condemnation. Amortization serves notice to a property owner whose...
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Amortization of Organization Expenses Misconceptions and Common Errors.
Magazine article from: The National Public Accountant; 2/1/2001; ; 700+ words
; ...and the mechanics of the Section 248 amortization election and will point out a number...regarding the election. IRC 248(a)--Amortization of Organizational Expenditures Prior...Revenue Code Section 248 to sanction the amortization of qualifying organizational expenditures...
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Following Sen. defeat, agents resume amortization battle. (insurance agents)
Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management; 7/5/1993; ; 700+ words
; ...legislation permitting 100 percent amortization of intangible assets over a 14-year...reconciliation bill allowing only 75 percent amortization, agents are in the midst of a massive...agents remain hopeful that 100 percent amortization will be included in the final bill...
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Rule of 78: a comparison of loan amortization.
Magazine article from: The National Public Accountant; 3/1/1994; ; 700+ words
; ...remaining principal balance of a debt amortization schedule under the rule-of-78...prepayment penalty that is built into the amortization schedule. If the debt is long-term financing, the amortization schedule can become a negative amortization...
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Wanadoo: Higher Than Forecast Net Income and Operating Income before Amortization and Depreciation.
Business Wire; 2/11/2004; 700+ words
; ...012415) -- Operating Income before Amortization and Depreciation Almost Quadrupled...Consolidated operating income before amortization and depreciation almost quadrupled...2003: -- Operating income before amortization and depreciation of 45 million euros...
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amortization
Book article from: The Columbia Encyclopedia, Sixth Edition
amortization , reduction, liquidation, or satisfaction of a debt. The term amortization may also refer to the sum used for that purpose...debt by installments or by a sinking fund is amortization. Amortization by paying off a certain number...
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Amortization
Encyclopedia entry from: West's Encyclopedia of American Law
AMORTIZATION The reduction of a debt incurred...good will, it cannot be amortized. Amortization is not the same as depreciation, which...and tear and the passage of time. Amortization of intangible assets and depreciation...
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amortization schedule
Book article from: A Dictionary of Business and Management
amortization schedule A schedule that summarizes the dates on which specified amounts must be paid in the repayment of a loan.
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Credit
Encyclopedia entry from: West's Encyclopedia of American Law
...transactions, such as the loan of money pursuant to a mortgage, are exempt from the provisions of usury statutes. Amortization Amortization — a system that allows a borrower to discharge a debt in regular, equal installments —...
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Property and Ownership
Book article from: -Ologies and -Isms
...Ownership See also 235. LAND . abstraction the taking of another’s property for one’s own use. amortization, amortizement the transfer or sale of property in mortmain. burgage British, Obsolete, a form of land tenure under which...
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