What Does Loan Term Mean
ContentsOutstanding balance. amortizedSmall business loansTerm loan facilityTerm loan: asset basedSpecific circumstances.balloon payment qualified mortgage regulatorsTotal cost (interest[youtube]//www.youtube.com/embed/-cCuHVRXTj8[/youtube]Loan terminology glossary. Amortization: Loan payments by equal periodic amounts calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance. amortized Loan: A loan to be repaid, by a series of regular installments of principal and interest, that are equal or nearly equal,term loan Is a monetary loan that is repaid in regular payments over a set period of time. Term loans can be given on an individual basis, but are often used for small business loans.Bankrate Com Mortgage Partially Amortized Mortgage " In order to be able to afford the needed equipment for the office, the manager took out a partially amortized loan…