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Pronunciation varies by accent · adjective
(finance) Not requiring the borrower to make scheduled payments; having no amortization schedule..
The assets of thrift institutions are dominated by amortizing (mortgage) instruments (see Appendix B). For banking institutions, nonamortizing assets (particularly commercial loans) are considerably more important than they are for thrifts.
The building appraises at its cost basis, and its debt is a nonamortizing mortgage with a loan-to-value ratio of 0.8 and 9 percent interest.
For a nonamortizing asset, while the concept of a prepayment does not exist, a projection of defaults is still necessary to project how much will be recovered and when.
Use nonamortizing when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Nonamortizing means (finance) Not requiring the borrower to make scheduled payments; having no amortization schedule..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
The assets of thrift institutions are dominated by amortizing (mortgage) instruments (see Appendix B). For banking institutions, nonamortizing assets (particularly commercial loans) are considerably more important than they are for thrifts.
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