Show IMPORTANT TERM IN FINANCE amortization ki means ears the providing for the baym nt of certain sum borrowed the financial world has its ter ve ry own oin slang generally speaking I 1 it it la is useful and excellently applied which is not invariably the case with nith all slang take the curious word amortization for in instance amortization means simply pimply the method ahod ot of providing lor for the repay it of a loan if you ou lend me 10 which I 1 promise to repay in ten laari eara you sou hiie bae a right t to be interested in mj m pi ins for meeting me e ling the tie dp mand land for the which act 11 expect to make upon me ten beare cart hence so I 1 say to ou I 1 am going to amortize that ii 10 debt in this WA out of m my earn ings en eer ery near ear I 1 in going coset side aide foo 1 aali bear 3 ear I 1 will set the 00 to work timing something too at the end of ten 3 cars the fund will v ill amount to just enough to dih di irge my m debt 1011 ou will find that in bonds uw the word ord a great deal they know bettar han ban ana body else its join por taCe they realize tint thit a borrow borron I 1 er cr of mono for a long term of years sars ie I 1 ier er apt to forget to make gion for rebii ment certain lenders of mone money on long terms term insist inist upon the bor borrowers tak ing out i a life inu Inqui rince polica big enough to meet the debt in cise case ot at deith before the debt becomes due the th longer i debt has hall to run the more important becomes the ques don of amortization |