AMORTIZE - To repay a loan in equal installments over a period of time Each periodic payment (usually a monthly payment) includes principal and interest the initial payments include higher amounts of interest and as the principal amount is gradually ...
Amortize
To reduce a debt by regular payments of both principal and interest, as opposed to interest only payment.
Under PPA, increases and decreases in the plan's liabilities will be amortized, but the amortization period for benefit improvements adopted after 2007 will be shortened.
(n) Capitalization is the process by which an expenditure included or grouped as a revenue expenditure is amortized to the future period as an asset, when the benefit out of such expenditure is not confined to the period under consideration.
Amortization: The paying off of an indebtedness through regular installments. (A mortgage on property is amortized over a period of years through regular payments.) ...
compare amortize
b : to convert (a periodic payment) into an equivalent capital sum <capitalized annuities>
3 : to supply capital for <had capitalized the business with her own savings>
Pronunciation'ka-p&t-l-"Iz ...
Balance Due The amount of a debt owed on an account, a mortgage, or a promissory note. The balance due is not necessarily the sum of installments due (because the installments may include amortized interest), ...
the amount of a debt still owed on an account or the principal owed on a promissory note. In the case of a promissory note, the balance due is not the sum of installments due, since these include amortized interest, ...
 See also: State, Law, Time, Principal, Interest
  
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