GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:51 Jul 17, 2007 |
German to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Ken Cox Local time: 04:52 | ||||||
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Summary of answers provided | ||||
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4 | repayment with constant annual payments composed of principal plus interest |
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3 | amortization of annuity |
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Discussion entries: 3 | |
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amortization of annuity Explanation: amortization: Tilgung http://www.globusz.com/ebooks/HoneyInsurance1/00000011.htm -------------------------------------------------- Note added at 2 hrs (2007-07-17 15:39:26 GMT) -------------------------------------------------- http://tinyurl.com/26coa4 -------------------------------------------------- Note added at 1 day5 hrs (2007-07-18 18:31:16 GMT) -------------------------------------------------- Das Darlehen ist in Annuitäten zu tilgen = The loan will be amortized in annuity payments The loan will be amortized in annuity payments of principal http://tinyurl.com/2sb9qe |
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repayment with constant annual payments composed of principal plus interest Explanation: 'Tilgung' is repayment, and for the rest see e.g.: constant annual principal and interest repayment / Annuität / annuité / annuità The annual payment made by a borrower, consisting of an amortization of principal and an interest component. This payment remains unchanged throughout the entire repayment period. As the debt is worked down the interest payments are gradually reduced, while the principal repayment rate increases. http://www.ubs.com/1/e/about/bterms/content_c.html |
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