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Amount financed
Amount financed The principal that is financed. It could include the cost of the purchase and other items rolled into the payments.
RELATED TERMS--------------------------------------
Principal
1) The outstanding balance of a loan. 2) A party to a real estate transaction. 3) The head of a real estate firm.
SIMILAR TERMS--------------------------------------
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Amortization schedule
A table which shows how much of each payment will be applied toward principal and how much toward interest over the life of the loan.
Amortization table
Mathematical formula for calculating a borrower's monthly payments, based on the amount borrowed, the interest rate and the term of the loan.
Amortization term
Expressed in months, this term simply states how long it will take you to pay off your mortgage.
Amortize
To pay a debt in periodic amounts until the total amount, including any interest, is paid.
Amortized loan
A loan in which the principal as well as the interest is payable in monthly or other periodic installments over the term of the loan.
Amount financed
Amperage
The strength of an electrical current.
Anchor
The tenant that serves as the predominant draw to a commercial property, usually the largest tenant in a shopping center.
Anchor bolt
A large steel bolt anchored in concrete and attached to a building to prevent the structure from moving.
Annexation
An addition to property by the act of joining or uniting one thing to another, as in attaching personal property to real property, thereby creating a fixture.
Annual
Any kind of plant that must be planted every year.
This dictionary contains 6433 terms. |
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