Search Results for: negative amortization

amortization (am-[schwa]r-t[schwa]-zay-sh[schwa]n), n. 1. The act or result of gradually extinguishing a debt, such as a mortgage, usu. by contributing payments of principal each time a periodic interest payment is due. negative amortization. An increase in a loan’s principal balance caused by monthly payments insufficient to pay accruing interest. 2. The act or result of