|
|
Investing Glossary:
Negative amortization
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- N -
| Term: |
|
| Definition: |
| A Loan repayment schedule in which the Outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not Cover the Full amount required to amortize the loan. The unpaid Interest is added to the outstanding principal, to be repaid later.
|
|
|
|  |
|
FREE Trend Alerts
|
|
|
