Amortizing loan
id:
amortizing-loan-189-9438414
title:
Amortizing loan
text:
In banking and finance, an amortizing loan is a loan where the principal of the loan is paid down over the life of the loan according to an amortization schedule, typically through equal payments. Similarly, an amortizing bond is a bond that repays part of the principal along with the coupon payments. Compare with a sinking fund, which amortizes the total debt outstanding by repurchasing some bonds. Each payment to the lender will consist of a portion of interest and a portion of principal. Mort
brand slug:
wiki
category slug:
encyclopedia
description:
Loan where the principal sum of the loan is paid down over the life of the loan
original url:
https://en.wikipedia.org/wiki/Amortizing_loan
date created:
2006-12-13T17:54:51Z
date modified:
2024-09-09T07:51:09Z
main entity:
{"identifier":"Q4747796","url":"https://www.wikidata.org/entity/Q4747796"}
image:
fields total:
13
integrity:
15