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Amortization

118 Sentences | 6 Meanings

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The company's amortization plan for the loan helped to reduce the amount of interest paid over time.
The bank agreed to an amortization schedule that would allow the borrower to pay off the loan over the next 10 years.
The student loan repayment plan included an amortization period of 20 years.
The investor considered the amortization rate when deciding whether or not to purchase a bond.
The homebuyer calculated the amortization schedule to determine how much interest would be paid over the life of the loan.
The credit card company charged a high interest rate that made it difficult for customers to make progress on the amortization of their debt.
The personal loan had a fixed interest rate and a four-year amortization schedule, making it easier for the borrower to budget and plan for repayment.
The construction company used a loan with a balloon payment at the end of the amortization period to finance the purchase of heavy equipment.
The company's accountant explained the process of asset amortization to the new employee.
The student loan had a 10-year amortization period, during which the borrower made regular payments to pay off the principal and interest.
The business owner had to calculate the amortization of the computer system over five years.
The borrower made extra payments to accelerate the amortization of the loan and pay it off early.
The length of the amortization period determines the total amount of interest paid on the mortgage.
The company uses the method of amortization to distribute the cost of a new machine.
The government agency used straight-line amortization for their long-term investments.
The car dealership provided a loan with a five-year amortization schedule for the purchase of a new vehicle.
The university used an amortization method to spread the cost of a new campus building over several years.
The accountant calculated the company's annual amortization expense for their intangible assets.
The amortization of a loan reduces the amount of principal owed with each payment, which in turn lowers the interest charged.
The company used an amortization table to track the repayment of its long-term debt obligations.
Amortization of software development costs can help tech companies manage their expenses more efficiently.
The bank provided an amortization schedule that detailed the monthly payments for the mortgage.
The bank provides an amortization schedule to show the monthly payments on a mortgage.
She pays her car loan through amortization over three years.
The amortization schedule for the loan showed the payments decreasing over time.
The lender required an amortization table to be included in the loan agreement.
The company used amortization to reduce its taxable income for the year.
The amortization of a loan is a common way to repay it gradually.
The financial statement included a section on the company's amortization expenses.
The car dealership used a standard amortization formula for their leased vehicles.
The bank provides an amortization schedule that outlines the payment amounts and balances for the life of the loan.
The accountant recommended the early amortization of the company's investments to reduce its tax burden.
The company claimed a significant tax deduction through the amortization of its intangible assets.
The tax code provided specific guidelines for the amortization of capital expenses.
The accountant calculated the monthly amortization expense for the software license that the company had purchased.
The company's amortization of goodwill was spread over 10 years.
The bank uses the method of straight-line amortization for the distribution of loan costs.
The lender offers different options for amortization periods to fit the borrower's financial goals and budget.
The monthly mortgage payment includes both principal and interest amortization.
The new car buyer opted for a longer amortization period in order to keep the monthly payments lower.
The company's CFO presented the amortization schedule to the board of directors for approval.
The small business used a loan with a shorter amortization period to pay off its high-interest credit card debt.
She deducted the cost of the equipment over five years using amortization.
Amortization is a way to spread out the cost of a big purchase over a longer period of time.
The school district will need to calculate the amortization of the new school building.
The bank offered a 20-year mortgage with monthly payments that included amortization of the principal and interest.
The company used an accelerated method of amortization for their computer equipment.
The borrower can choose between fixed or adjustable-rate mortgages with different amortization schedules.
The accountant explained the amortization of the intangible assets to the shareholders.
The amortization of a loan can have tax implications for the borrower and should be considered in financial planning.
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Word Of The Day November 4, 2024
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