Business, Legal & Accounting Glossary
This is a schedule that summarises the dates upon which specific amounts must be paid in respect to the repayment of a loan.
An amortisation schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term.
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This glossary post was last updated: 8th December, 2019 | 2 Views.