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.
Dear Cecil: If AM stands for ante meridiem, PM stands for post meridiem, and AD stands for anno Domini, why is BC English rather than Latin? It seems curious to me that the inventor of our present year-numbering system, Dionysius Exiguus, living in Rome in the sixth century AD, would coin the term before Christ in English.