Amortized Loan

Business, Legal & Accounting Glossary

Definition: Amortized Loan


Amortized Loan


Full Definition of Amortized Loan


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. An interest-only loan, where payments are only applied to accrued interest, is not an amortized loan.


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Amortized Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/amortized-loan/.
Chicago Manual of Style (CMS):
Amortized Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/amortized-loan/ (accessed: November 29, 2021).
American Psychological Association (APA):
Amortized Loan. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/amortized-loan/

Definition Sources


Definitions for Amortized Loan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.