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.
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Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?
Words nearby negative amortization
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020