Meaning NEGATIVE AMORTIZATION: 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
More terms such as Negative amortization in Dictionary N.
- Definition No-Par-Value Stock:
- Examples A stock with no par value given in the charter or stock certificate negative amortization definition.
- Definition Nonrecourse:
- Examples In the case of default, the lender has ability to claim assets over and above what the limited partners contributed negative amortization explain.
- Definition Notification Date:
- Examples The day the option is either exercised or expires negative amortization what is.
- Definition Normal Retirement:
- Examples The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately negative amortization meaning.
- Definition Named Perils Insurance:
- Examples An insurance policy that names specific risks covered by the policy negative amortization abbreviation.
