amortization

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amortization,

n a generic term that includes various specific practices, such as depreciation, depletion, write-off of intangibles, prepaid expenses, and deferred charges.
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The seven-year and seven-month loan amortizes on a 30-year schedule.
The properties' 10-year refinance loan amortizes on a 30-year schedule.
The 10-year loan amortizes on a 30-year schedule and provided the borrower with a cash-out refinance opportunity after a long-term hold.
The five-year loan amortizes on a 30-year schedule.
The five-year acquisition loan amortizes on a 30-year schedule.