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Amortization Schedule

ah-mor-tih-ZAY-shun SKED-yool

/əˌmɔːrtɪˈzeɪʃən ˈskɛdjuːl/

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Syllable breakdown

Amortizationschedule

Dictionary meaning

A table showing each loan payment's allocation between principal and interest.

Examples

  • The amortization schedule shows how much of each payment reduces the principal.

Pronunciation tips

Two words. 'Schedule' can be pronounced SKED-yool (US) or SHED-yool (UK).

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