See Also: Herbal medicine (botanical medicine, herbology, phytomedicine)(health)
amortization(encyclopedia)
Amortization(finance)
Amortization(money)
Negative amortization(money)
Negative amortization(finance)
Amortization factor(money)
Amortization factor(finance)
Planned amortization class (PAC)(finance)
Loan amortization schedule(finance)

second law of thermodynamics (medicine) and Amortization (money)


second law of thermodynamics (medicine)


second law of thermodynamics
<physics> All of the chemical and physical processes in a closed system tend to drive that system toward maximum entropy.

Clausius statement: No device can operate in a cycle and allow heat to transfer from a colder body to a hotter body unless Other compensating activities are taking place.

Kelvin-Planck statement: no device can operate in a constant-temperature cycle and convert the heat it receives into work, unless Other Other compensating activities are taking place.


Amortization (money)


Definition: [crh] The repayment of a loan by installments.