Real Estate Practice Test
Open main menu
Home
Private Tutoring
About Us
Practice Tests
Contact Us
Glossary
FAQ
Amortize
To reduce a debt by regular payments of principal and interest. Modernly, the word has been qualified as fully amortized, partially amortized, and negatively amortized. See: Balloon Note; Straight Note; Negative Amortization.
Previous
Next
More Real Estate Definitons
Back To Glossary