If a customer purchases an eligible item during a sales tax holiday, but after the sales tax holiday returns the item and receives a credit toward the subsequent purchase of a different item, the purchase of that item does not qualify for the exemption even if it is an eligible item.
loan amortization schedule. Definition. Schedule of loan payments that shows due dates and the amount of money that will applied to the principal and the amount that will go towards the interest. This schedule may be adjusted if a borrower pays more than expected during a specific billing period.
Bond Amortization Schedule. Bonds as Loans. â¢ The bonds can be seen as loans that the holder of the bond gives to. the issuer of the bond; the coupon payments and the redemption. payment are there to repay this loan. â¢ The coupon period plays the role of the payment period we are. familiar with from the context of amortized loans.