📒
The process of paying off debt over time in regular installment of interest & principal sufficient to repay the loan in fully by its maturity date.
Amortization
BLoan Payment
CLiability
DSecuritization
Correct Answer: A. Amortization
Related Questions
Accounting
The assets which have some market value are called ____________?
Accounting
Assets having physical existence are called ___________?
Accounting
When owner withdraw cash for its private use, it is called ___________?
Accounting
Building and furniture are called ____________?
Accounting
Which of the following is true about a trial balance?