Angela Colley. A mortgage â a loan to finance the purchase of your home â is likely the largest debt youâll ever take on. A mortgage is actually made up of several parts â the collateral you used to secure the loan, your principal and interest payments, taxes and insurance.
They are abbreviations for the Latin terms ante meridiem and post meridiem, and should therefore always be capitalized. Technically they should be spelled A.M. and P.M. fâ¦or the same reason, but they are most often not and it is considered correct either way.
What do a.m. and p.m. stand for? Most English speakers know that a.m. refers to the hours from midnight and noon, and p.m. to the hours from noon and midnight. But what do these ubiquitous abbreviations stand for? The term we associate with the morning, a.m., is an abbreviation the Latin phrase ante merÄ«diem meaning âbefore middayâ; p.m. is an abbreviation of post merÄ«diem, meaningâyou guessed itââafter midday.â These two terms help â¦