Correct spellings for AMORTIXATION
- amortization The company's five-year loan had an amortization schedule that required monthly payments to pay off both principal and interest by the end of the term.
Amortization is the accurate spelling for the term associated with the gradual repayment of a loan or debt. While "amortixation" may be a common misspelling, it is crucial to use the correct version to avoid confusion. Remember to double-check spellings and rely on reliable resources when unsure about terminology.
