Maurice Strong

After all, sustainability means running the global environment - Earth Inc. - like a corporation: with depreciation, amortization and maintenance accounts. In other words, keeping the asset whole, rather than undermining your natural capital.

Canadian Businessman

Chris Cooper

I had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They're consuming real estate, not investing in it.

American Actor

Amortization usually means paying off a loan over years, such as a home mortgage.

Long-Term Commitment

Early payments mostly cover interest, not the principal loan amount.

Interest Impact

Amortization reflects the decreasing value of assets as they age and are used.

Asset Aging

Businesses use amortization to calculate yearly tax deductions for asset costs.

Tax Implications

Amortization in computing helps to evenly spread tech costs over time.

Cost Spreading

Knowing amortization helps companies plan their IT budgets more effectively.

Budget Planning

Legal amortization often involves a structured plan agreed by debtor and creditor.

Debt Management

Legal agreements detail the frequency and amount of payments for amortization.