1 TermsHome > Terms > English, UK (UE) > Balloon payment
Balloon payment
The final instalment on a loan which is greater than the prior payments and pays any remaining amount outstanding under the loan For example, a loan calls for equal monthly payments of $500, where most of the payment is for interest At the end of the loan a balloon payment of $100,000 is due
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Accounting
- Category: Tax
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Zoology Category: Zoological terms
phylum placozoa
Macroscopic, flattened marine animals, composed of ventral and dorsal epithelial layers enclosing ...
Industry/Domain: Zoology Category: Zoological terms
phylum cnidaria
Cnidarians. Hydras, hydroids, jellyfish, sea anemones, and corals. Free-swimming or sessile, with ...
Industry/Domain: Accounting Category: Auditing
share a term with millions
Share a term with millions of users around the world and increase your online visibility.Share a ...
oak
Genus native to the Northern Hemisphere with spirally arranged leaves, catkins for flowers and ...
Everest
The last but not least mount Everest. The Earth's highest mountain, with a peak at 8,848 metres ...
Industry/Domain: Plants Category: General plants
aglaonema
Genus of about 20 species of usually rhizomatous, evergreen perennials from tropical forest in Asia. ...
Industry/Domain: Science Category: General science
Robojelly
Robojelly is a hydrogen-powered robot desgined in the United States that moves through the water ...
Industry/Domain: People Category: Entrepreneurs
Ferdinand Porsche
Ferdinand Porsche (3 September 1875 – 30 January 1951) was an Austrian-German automotive engineer ...
Industry/Domain: Broadcasting & receiving Category: News
Marzieh Afkham
Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east ...
Industry/Domain: Accounting Category: Auditing
define1
Share a term with millions of users around the world and increase your online visibility.Share a ...
Contributor
Featured blossaries
Amoke
0
Terms
10
Blossaries
0
Followers
The National Park of American Samoa
Category: Geography 1 1 Terms
1 Terms
Browers Terms By Category
- Contracts(640)
- Home improvement(270)
- Mortgage(171)
- Residential(37)
- Corporate(35)
- Commercial(31)
Real estate(1184) Terms
- Body language(129)
- Corporate communications(66)
- Oral communication(29)
- Technical writing(13)
- Postal communication(8)
- Written communication(6)
Communication(251) Terms
- Economics(2399)
- International economics(1257)
- International trade(355)
- Forex(77)
- Ecommerce(21)
- Economic standardization(2)
Economy(4111) Terms
- Organic chemistry(2762)
- Toxicology(1415)
- General chemistry(1367)
- Inorganic chemistry(1014)
- Atmospheric chemistry(558)
- Analytical chemistry(530)
Chemistry(8305) Terms
- Festivals(20)
- Religious holidays(17)
- National holidays(9)
- Observances(6)
- Unofficial holidays(6)
- International holidays(5)