admortization - swedish to somali dictionary
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Definition
Admortization refers to the process of gradually paying off a debt over a specified period of time through regular payments, which typically include both principal and interest components. It is commonly used in the context of loans, mortgages, or other financial obligations to ensure the debt is fully repaid by the end of the term.
Synonyms
1
debt repayment
2
loan amortization
3
installment plan
4
gradual payment
5
debt reduction