# Lending Products Glossary

> 1 terms from the Banking & Lending book's Lending Products part, each defined in a line and linked to the chapter that explains it.

- **Amortization (level payment):** repaying a loan in equal periodic payments whose interest share falls and principal share rises over the term ([The Banking & Lending Business](https://www.syntaqx.com/books/banking-and-lending/banking-business#the-life-of-a-loan)).

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