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Which of the following terms refer to th...

Which of the following terms refer to the running down or payment of a loan in instalments?

A

Discounted Cash Flow

B

Credit Creation

C

All

D

Amortisation

Text Solution

Verified by Experts

The correct Answer is:
D
In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loSol and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time.
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