Advertisement
Advertisement
negative amortization
noun
- the increase of the principal of a loan by the amount by which periodic loan payments fall short of the interest due, usually as a result of an increase in the interest rate after the loan has begun.
Advertisement
Word of the Day
[in-vet-er-it ]
Meaning and examplesStart each day with the Word of the Day in your inbox!
By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.
Advertisement
Advertisement
Advertisement
Browse