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.
AM and PM. Most analog clocks today keep time in 12-hour increments â they divide the 24 hours in a day in to 12-hour periods. These clocks are generally known as 12-hour clocks. The first period of the day is called âante meridiemâ, which means before noon in Latin.The second period is called âpost meridiemâ, meaning after noon in Latin. Ante meridiem, is commonly denoted as AM, am or A.M., while post meridiem is usually denoted as PM, pm or P.M.imilarly, 12 AM does not make much sense, since it is not before noon. It is recommended that one refer to these hours as midnight and noon. Note: Most digital clocks tend to show 12 AM and 12 PM to specify midnight and noon, respectively.