To amortize is to repay a mortgage with regular payments, both the principal due and the interest.
Related Fool Articles
Related Community Blogs
Recent Mentions on Fool.com
- How Cheap Is Boardwalk Pipeline Partners LP?
- Is the Stock Market Overvalued? It All Depends on How You Measure It
- J.C. Penney Faces a Long Road to Breakeven
- It's Quite Possible that Coal Will Recover in 2014
- Why Staples, Dot Hill, and Cross Country Healthcare Tumbled Today
- Can You Profit From World Cup Woes?