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Precalc: Amortization And Sinking Funds (beautiful Amortization And Sinking Funds #3)

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Precalc: Amortization And Sinking Funds (beautiful Amortization And Sinking Funds #3)

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Essence of Precalc: Amortization And Sinking Funds

Amortization

am•or•ti•za•tion (am′ər tə zāshən, ə môr′-),USA pronunciation n. 
  1. an act or instance of amortizing a debt or other obligation.
  2. the sums devoted to this purpose.
Also,  amortizement. 

And

and (and; unstressed ənd, ən, or, esp. after a homorganic consonant, n),USA pronunciation  conj. 
  1. (used to connect grammatically coordinate words, phrases, or clauses) along or together with;
    as well as;
    in addition to;
    besides;
    also;
    moreover: pens and pencils.
  2. added to;
    plus: 2 and 2 are 4.
  3. then: He read for an hour and went to bed.
  4. also, at the same time: to sleep and dream.
  5. then again;
    repeatedly: He coughed and coughed.
  6. (used to imply different qualities in things having the same name): There are bargains and bargains, so watch out.
  7. (used to introduce a sentence, implying continuation) also;
    then: And then it happened.
  8. [Informal.]to (used between two finite verbs): Try and do it. Call and see if she's home yet.
  9. (used to introduce a consequence or conditional result): He felt sick and decided to lie down for a while. Say one more word about it and I'll scream.
  10. but;
    on the contrary: He tried to run five miles and couldn't. They said they were about to leave and then stayed for two more hours.
  11. (used to connect alternatives): He felt that he was being forced to choose between his career and his family.
  12. (used to introduce a comment on the preceding clause): They don't like each other--and with good reason.
  13. [Archaic.]if: and you please.Cf. an2.
  14. and so forth, and the like;
    and others;
    et cetera: We discussed traveling, sightseeing, and so forth.
  15. and so on, and more things or others of a similar kind;
    and the like: It was a summer filled with parties, picnics, and so on.

n. 
  1. an added condition, stipulation, detail, or particular: He accepted the job, no ands or buts about it.
  2. conjunction (def. 5b).

Sinking

sink (singk),USA pronunciation v.,  sank  or, often, sunk;
sunk
  or sunk•en;
sink•ing;
 n. 
v.i. 
  1. to displace part of the volume of a supporting substance or object and become totally or partially submerged or enveloped;
    fall or descend into or below the surface or to the bottom (often fol. by in or into): The battleship sank within two hours. His foot sank in the mud. Her head sinks into the pillows.
  2. to fall, drop, or descend gradually to a lower level: The river sank two feet during the dry spell.
  3. to settle or fall gradually, as a heavy structure: The tower is slowly sinking.
  4. to fall or collapse slowly from weakness, fatigue, distress, etc.: He gasped and sank to his knees.
  5. to slope downward;
    dip: The field sinks toward the highway.
  6. to go down toward or below the horizon: the sun sinks in the west.
  7. to penetrate, permeate, or seep (usually fol. by in or into): Wipe the oil off before it sinks into the wood.
  8. to become engulfed or absorbed in or gradually to enter a state (usually fol. by in or into): to sink into slumber.
  9. to be or become deeply absorbed or involved in a mood or mental state (usually fol. by in or into): sunk in thought. She sank into despair.
  10. to pass or fall into some lower state, as of fortune, estimation, etc.;
    degenerate: to sink into poverty.
  11. to decline or deteriorate in quality or worth.
  12. to fail in physical strength or health.
  13. to decrease in amount, extent, intensity, etc.: The temperature sank to 30° at noon.
  14. to become lower in volume, tone, or pitch: Her voice sank to a whisper.
  15. to enter or permeate the mind;
    become known or understood (usually fol. by in or into): He said it four times before the words really sank in.
  16. to become concave;
    become hollow, as the cheeks.
  17. to drop or fall gradually into a lower position: He sank down on the bench.

v.t. 
  1. to cause to become submerged or enveloped;
    force into or below the surface;
    cause to plunge in or down: The submarine sank the battleship. He sank his fist into the pillow.
  2. to cause to fall, drop, or descend gradually.
  3. to cause to penetrate: to sink an ax into a tree trunk.
  4. to lower or depress the level of: They sank the roadway by five feet.
  5. to bury, plant, or lay (a pipe, conduit, etc.) into or as if into the ground.
  6. to dig, bore, or excavate (a hole, shaft, well, etc.).
  7. to bring to a worse or lower state or status.
  8. to bring to utter ruin or collapse: Drinking and gambling sank him completely.
  9. to reduce in amount, extent, intensity, etc.
  10. to lower in volume, tone, or pitch.
  11. to suppress;
    ignore;
    omit.
  12. to invest in the hope of making a profit or gaining some other return: He sank all his efforts into the business.
  13. to lose (money) in an unfortunate investment, enterprise, etc.
    • to throw, shoot, hit, or propel (a ball) so that it goes through or into the basket, hole, pocket, etc.: She sank the 10 ball into the side pocket.
    • to execute (a stroke or throw) so that the ball goes through or into the basket, hole, pocket, etc.: to sink a putt; to sink a free throw.
  14. sink one's teeth into: 
    • to bite deeply or vigorously.
    • to do or enter into with great enthusiasm, concentration, conviction, etc.: to sink my teeth into solving the problem.

n. 
  1. a basin or receptacle, as in a kitchen or laundry, usually connected with a water supply and drainage system, for washing dishes, clothing, etc.
  2. a low-lying, poorly drained area where waters collect and sink into the ground or evaporate.
  3. sinkhole (def. 2).
  4. a place of vice or corruption.
  5. a drain or sewer.
  6. a device or place for disposing of energy within a system, as a power-consuming device in an electrical circuit or a condenser in a steam engine.
  7. any pond or pit for sewage or waste, as a cesspool or a pool for industrial wastes.
  8. any natural process by which contaminants are removed from the atmosphere.
sinka•ble, adj. 
sinklike′, adj. 

Funds

fund (fund),USA pronunciation n. 
  1. a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund.
  2. supply;
    stock: a fund of knowledge; a fund of jewels.
  3. funds, money immediately available;
    pecuniary resources: to be momentarily without funds.
  4. an organization created to administer or manage a fund, as of money invested or contributed for some special purpose.

v.t. 
  1. to provide a fund to pay the interest or principal of (a debt).
  2. to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds.
  3. to allocate or provide funds for (a program, project, etc.).
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