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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Amortisation schedule

Market basics

The instalment-by-instalment split of a loan repayment between interest and principal across its full tenure.

In plain terms

Early instalments are almost all interest because interest is charged on the outstanding balance. Restarting the tenure puts you back at the interest-heavy end.

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Indian stock market glossary · Market Vidyalaya