The Amortization reference article from the English Wikipedia on 24-Apr-2004 (provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Amortization

The spreading of expenses over future time periods of an intangible balance sheet item such as a lease (mortgage) or goodwill.

In real estate, A loan in which the principal as well as the interest is payable in monthly or other periodic installments over the term of the loan. This article is a stub. You can help Wikipedia by expanding it.

See also: appreciation, List of real estate topics

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