amortisation of principal

amortisation of principal
The repayment of debt by a borrower in a series of instalments over a period of time.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • amortization — (1) The process of making regular, periodic decreases in the book or carrying value of an asset. For example, when a bond is purchased at a price above 100, the difference between the purchase price and the par value, the premium, is amortized.… …   Financial and business terms

  • Amortization — The repayment of a loan by installments. The New York Times Financial Glossary * * * amortization a‧mor‧ti‧za‧tion [əˌmɔːtaɪˈzeɪʆn ǁ ˌæmərtə ] also amortisation noun 1. [countable, uncountable] ACCOUNTING …   Financial and business terms

  • amortization — I noun clearance, defrayal, defrayment, disbursement, discharge, extinction of a debt, extinguishment of claim, liquidation of a debt, payment, remittance, satisfaction associated concepts: amortization contract, amortization of a mortgage,… …   Law dictionary

  • Nuremberg — Nürnberg redirects here. For other uses, see Nürnberg (disambiguation). Nürnberg Nuremberg …   Wikipedia

  • International Financial Reporting Standards — (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between… …   Wikipedia

  • EBITDA — Earnings before interest, taxes, depreciation and amortisation. Also known as gross operating profit. + EBITDA USA Earnings before the deduction of interest, taxes, depreciation and …   Law dictionary

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