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the paying off of debt with a fixed repayment schedule in regular installments over a period of time for example with a mortgage or a car loan; similar to depreciation, which is used for tangible assets, and to depletion, which is used for natural resources

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1. the paying off of debt with a fixed repayment schedule in regular installments over a period of time for example with a mortgage or a car loan; similar to depreciation, which is used for tangible assets, and to depletion, which is used for natural resources





 
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