GLOSSARY 563

GLOSSARY 563

ALTERNATIVE DISUPUTE RESOLUTION (ADR) — The resolution of disputes by various means including, but not limited to negotiation, mediation, and arbitration. as tangible and intangible benefits attributable to the property, often causing greater pride in ownership. AMORTIZATION — The liquidation of a financial obligation on an installment basis; also, recovery over a period of cost or value. AMORTIZED LOAN — A loan to be repaid, interest and principal, by a series of regular payments that are equal or nearly equal, without any special balloon payment prior to maturity. Also called a Level Payments Loan.