Loan in which the amount borrowed is repaid in a certain way from interest and repayments. The repayment installment remains the same until maturity. However, because a part of the residual debt (also called reliquation in older documents) is repaid with each partial payment, the interest portion is reduced in favor of the repayment portion. At the end of the term of the loan, the debt is then repaid in full. – See annuity, annuity bond, loan, bullet loan, investment, investment credit, spread of conditions, credit, credit line, rate, installment loan, shrinkage money, interest, usury, interest (rate).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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