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Definitions from WordNet

Definitions from the Web

Term: Amortising

Definition:

Amortising is a verb that refers to the gradual reduction or repayment of a debt or loan by making regular installment payments over a specific period of time.

Example Sentences:

1. The mortgage loan includes an amortising payment plan, allowing the borrower to pay off the debt gradually over a span of 20 years.
2. By amortising the loan, the company was able to manage its financial resources more effectively.
3. John decided to amortise the car loan to ensure he could comfortably make monthly payments.

Possible Related Products:

Explore related products on Amazon:

• Amortisation Books
• Loan Repayment Calculators
• Mortgage Payment Schedules