Finance
amortisation
each payment split into interest plus paying the loan down
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The TankFinanceAlso defined on The Minimum Payment.
More terms from this board
- APRthe yearly interest rate on a loan
- cash flowwhat comes in minus what goes out
- compoundinggrowth on the growth
- diversifymany small bets instead of one big one
- index fundowning every share in a market at once, at low cost
- inflationprices rising, so stored water shrinks
- liquidityhow fast you can get it out without a loss
- present valuewhat water promised later is worth today