Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Finance | A type of mortgage in which at least a portion of each payment is applied directly to reduce the amount of outstanding principal. The interest is computed each month on the remaining principal balance. Therefore, each month the amount of interest due is reduced as the loan is repaid. In direct reduction mortgages with equal monthly payments, the portion of the fixed payment applied to principal increases each month as the interest portion decreases. (references) |
Source: compiled by the editor from various references; see credits. | |
Hexadecimal (or equivalents, 770AD-1900s) (references)44 49 52 45 43 54 52 45 44 55 43 54 49 4F 4E 4D 4F 52 54 47 41 47 45 |
| Leonardo da Vinci (1452-1519; backwards) (references)
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Binary Code (1918-1938, probably earlier) (references)01000100 01001001 01010010 01000101 01000011 01010100 00100000 01010010 01000101 01000100 01010101 01000011 01010100 01001001 01001111 01001110 00100000 01001101 01001111 01010010 01010100 01000111 01000001 01000111 01000101 |
HTML Code (1990) (references)D I R E C T   R E D U C T I O N   M O R T G A G E |
ISO 10646 (1991-1993) (references)0044 0049 0052 0045 0043 0054 0052 0045 0044 0055 0043 0054 0049 004F 004E 004D 004F 0052 0054 0047 0041 0047 0045 |
Encryption (beginner's substitution cypher): (references)384352393754252393855375443494824749525441354139 |
| 1. Orthography 2. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
