fund for amortization
51loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu …
52amortize — amor·tize / a mər ˌtīz, ə mȯr / vt tized, tiz·ing: to reduce (an amount) gradually: as a: to pay off (as a loan) gradually usu. by periodic payments of principal and interest or payments to a sinking fund b: to gradually reduce the cost of (as… …
53Net profit — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
54PIK loan — A PIK Loan is a type of loan which typically does not provide for any cash flows from borrower to lender between the drawdown date and the maturity or refinancing date, not even interest or parts thereof (see mezzanine loan), thus making it an… …
55Farm Credit Canada — (known as Farm Credit Corporation until 2001), or FCC, is Canada s largest agricultural term lender.This organization s purpose is to enhance rural Canada by providing specialized and personalized financial services to farming operations,… …
56straight-line — ˈ ̷ ̷| ̷ ̷ adjective 1. : being a mechanical linkage or equivalent device designed to produce or copy motion in a straight or approximately straight line 2. a. : having the principal parts arranged in a straight line a straight line compressor… …
57discharge — Synonyms and related words: AC arc, Poulsen arc, abide by, abrogate, absolution, absolve, accomplish, accomplished fact, accomplishment, accordance, achieve, achievement, acknowledgment, acquit, acquitment, acquittal, acquittance, adhere to,… …
58List of accounting topics — Following is a list of accounting topics * Accounting Ethics * Accounting for risk * Accounting information system * Accounting methods * Accounting period * Accounting reform * Accounting scandals * Accounting software * Accounts payable *… …
59PAC Bond — Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes. Bloomberg Financial Dictionary …
