Results for Amortization Term
On this page:
 
Business Dictionary:

Amortization Term

The time it takes to retire a Debt through periodic payments. Also known as the full amortization term. See also Fully Amortized Loan.

Example: Many mortgage loans have an amortization term of 15, 20, 25, or 30 years. Some have an Amortization Schedule as a 30-year loan, but require a Balloon Payment in 5, 10, or 15 years.

 
 
Real Estate Dictionary: Amortization Term

The time it takes to retire a Debt through periodic payments. Also known as the full amortization term.
Example: Many mortgage loans have an amortization term of 15, 20, 25, or 30 years. Some have an Amortization Schedule as a 30-year loan, but require a Balloon Payment in 5, 10, or 15 years.

 
 

Join the WikiAnswers Q&A community. Post a question or answer questions about "Amortization Term" at WikiAnswers.

 

Copyrights:

Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more

Search for answers directly from your browser with the FREE Answers.com Toolbar!  
Click here to download now. 

Get Answers your way! Check out all our free tools and products.

On this page:   E-mail   print Print  Link  

 

Keep Reading

Mentioned In: