The repayment of principal from scheduled mortgage payments that exceed the interest due. The scheduled payment is the payment the borrower is obliged to make under the note. The scheduled payment less the interest equals amortization. The loan balance declines by the amount of the amortization, plus the amount of any extra payment. If such payment is less than the interest due, the balance rises, which is negative amortization. The Fully Amortizing Payment: The monthly mortgage payment that will pay off the loan at term is called the fully amortizing payment. On an FRM, the fully amortizing payment is calculated at the outset and does not change over the life of the loan.
Natural products. Natural products are small molecules produced naturally by any organism including primary and secondary metabolites. They include very small molecules, such as urea, and complex structures, such as Taxol.
A petrochemical refinery in Grangemouth, Scotland. Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure chemical compounds, petroleum products are complex mixtures.The majority of petroleum is converted to petroleum products, which includes several classes of fuels.According to the composition of the crude oil and depending on the demands of the market, refineries can produce different shares of petroleum products.The largest share of oil products is used as energy carriers, i.e. various grades of fuel oil and gasoline.ccording to the composition of the crude oil and depending on the demands of the market, refineries can produce different shares of petroleum products. The largest share of oil products is used as energy carriers, i.e. various grades of fuel oil and gasoline.