Glossary of Personal Financial Terms. Amortization – the payment time frame of that loan or debt / the true period of time over which you’ll repay the mortgage or debt.

Glossary of Personal Financial Terms. Amortization – the payment time frame of that loan or debt / the true period of time over which you’ll repay the mortgage or debt. Loan – a sum of money lent at an interest rate that is specified. Mortgage Loan – a loan acquired by utilizing estate that is […]