amortization schedule

collocation in English

meaningsofamortizationandschedule

These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withschedule.
amortization
noun[U]
uk
/əˌmɔː.tɪˈzeɪ.ʃən/us
/æmˌɔːr.t̬əˈzeɪ.ʃən/
the process of reducing a cost or total in regular ...
See more atamortization
schedule
noun[C]
uk
/ˈʃedʒ.uːl/us
/ˈskedʒ.uːl/
a list of planned activities or things to be done showing the times or dates when they are intended to happen or ...
See more atschedule

(Definition ofamortizationandschedulefrom theCambridge English Dictionary© Cambridge University Press)

Examplesofamortization schedule

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
The resulting correctedamortizationschedulefor their mortgage resulted in increased payments on an average of several hundred pounds a year.
From
Wikipedia
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The percentage of interest versus principal in each payment is determined in anamortizationschedule.
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With "full amortization", theamortizationschedulehas been set so that the last periodical payment comprises the final portion of principal still due.
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The amount is often determined according to a mortgageamortizationschedule.
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Anamortizationschedulereveals the specific monetary amount put towards interest, as well as the specific amount put towards the principal balance, with each payment.
From
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With these loans, anamortizationscheduleis used to determine how to apply payments toward principal and interest.
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A greater amount of the payment is applied to interest at the beginning of theamortizationschedule, while more money is applied to principal at the end.
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Anamortizationscheduleis typically worked out taking the principal left at the end of each month, multiplying by the monthly rate and then subtracting the monthly payment.
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Wikipedia
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Originally, the popular way to calculate loans was at origination to print off anamortizationschedule and then to simply check off each payment once it was made.
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Wikipedia
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Anamortizationschedule, a table detailing each periodic payment on a loan, shows this ratio of principal and interest and demonstrates how a loan's principal amount decreases over time.
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Key terms include the loan amount (sometimes referred to as loan proceeds), interest rate, term (sometimes referred to as the maturity),amortizationschedule, and prepayment flexibility.
From
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This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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