Which one of the following terms applies to the process of reducing the mortgage principal over the life of the mortgage according to a schedule?

Question

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Mortgage amortization refers to the process of paying off a mortgage gradually over the life of the loan through a set payment schedule that includes both principal and interest. As each payment is made, a portion of the payment goes towards reducing the principal balance of the mortgage, which leads to eventual full repayment of the loan. Mortgage prepayment, on the other hand, refers to paying off a portion or the entire mortgage balance before the end of the loan term, while mortgage elimination is not a common financial term. Mortgage securitization and mortgage passthrough refer to the process of pooling and selling mortgages as investments to investors.

Which One of the Following Terms Applies to the Process