Amortization
Proximo: I want my money back
Our Man Finn Says
Not quite sure if we're getting a handle on the term "amortisation".
Basically, this is about paying something off over a period of time as opposed to a straight-out cash payment. You go to the shops and buy a new coat; if it cost say 100 quid you can pay the 100 quid or amortise the purchase over say 10 monthly payments of 10 quid - ge…
