An accounting term to denote a gradual reduction in debt by systematically paying a part of the principal and the interest over a period of time. A mortgage is an example of an amortized debt.
The Fabricator Blog
Voting workers off the island - by Nick Martin Working in a job shop or any small, tightknit organization requires attributes beyond job skills. If you don’t measure up, you might find yourself voted off the island and out the door.
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