N Negative Amortization


 

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N Negative Amortization

A condition created when a loan payment is less than interest alone. Even though payments are made on time, the amount owing increases.



N Negative Amortization

Similar Matches

Earnings before interest, taxes, depreciation, and amortization (EBITDA)

Earnings before interest, taxes, depreciation, and amortization (EBITDA)

A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest and income taxes. Depreciation and amortization expenses are not included in the costs.


Amortization tables

Amortization tables

Mathematical tables lenders use to calculate a borrower's monthly payment.


Amortization schedule

Amortization schedule

A schedule of how mortgage debt is changed over time.


Negative amortization

Negative amortization

A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan. The unpaid interest is added to the outstanding principal, to be repaid later.


Amortization

Amortization

The deduction of an expense in installments over a period of time, rather than all at once.


Further Suggestions

Amortization
Planned amortization class (PAC)
Amortization factor
Amortization
Loan amortization schedule


 
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