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.
1 Do not, however, capitalize earth, moon, sun, except when those names appear in a context in which other (capitalized) celestial bodies are mentioned. I like it here on earth, but It is further from Earth to Mars than it is from Mercury to the Sun.  Names of newspapers and journals.