"Amortisement" Quotes from Famous Books
... simple interest on capital of 1200 pounds (estimate of price at 20 years' purchase), of which to be paid on acquisition and the balance in the form of annual rent, viz. 800 pounds plus 2 1/2 % interest on the same, repayable quarterly in equal annual instalments until extinction by amortisation of loan advanced for purchase within a period of 20 years, amounting to an annual rental of 64 pounds, headrent included, the titledeeds to remain in possession of the lender or lenders with a saving clause envisaging forced sale, foreclosure and ... — Ulysses • James Joyce |