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.
Nearby words
neg., negate, negation, negative, negative accommodation, negative amortization, negative base excess, negative catalyst, negative convergence, negative declination, negative electricity
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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019