nonamortizing
nonamortizing adjective: not requiring the borrower to make scheduled payments; having no amortization schedule.
Adjective
nonamortizing (not comparable)
- 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.1993, United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs, The state of the banking industry and the Bank Insurance Fund
- 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.1995, National Research Council, Division on Engineering and Physical Sciences, Commission on Engineering and Technical Systems, Protecting Buildings from Bomb Damage: Transfer of Blast-Effects...
Questions about nonamortizing
- What does nonamortizing mean?
- Nonamortizing means not requiring the borrower to make scheduled payments; having no amortization schedule.
- What part of speech is nonamortizing?
- Nonamortizing is an adjective.
Words near nonamortizing in the dictionary
Source and license
Adapted from Wiktionary: nonamortizing (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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