All > Business > Banking

All > Business > Finance > Personal Finance

All > Business > Finance > Personal Finance > Mortgage

All > Business > Real Estate

All > Business > Small Business

  • The gradual reduction of debt by periodic payment sufficient to pay current interest and to eliminate the principal at maturity. This is also the term used for gradual reduction/writing off over a period of time in the book value of fixed or intangible assets, deferred charges and prepaid expenses, bond discount and bond premium, etc.

    City and County of Honolulu - Cite This Source - This Definition