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            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

            Provisions expressly mentioned in the judgment/order text.

            <h1>Amortization defined as systematic repayment extinguishing indebtedness through periodic principal and interest payments under an amortization plan.</h1> Amortization historically signified transfer of lands into mortmain; modernly it denotes systematic repayment of indebtedness by periodic installments or a sinking fund. An amortization plan schedules partial payments of principal and accrued interest over a fixed term so that the entire indebtedness is extinguished at expiry.

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