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partially amortizing loan |
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partially amortizing loan A loan with periodic payments of interest and principal, but for a shorter term than necessary to pay the principal balance in full at that rate. Partially amortizing loans have a balloon payment at some point,requiring repayment in full or through refinancing. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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