- Loan with a large final payment.
American business jargon. 2014.
Look at other dictionaries:
balloon note — n. A promissory note in which the interest is paid in periodic installments and then the remainder of the principal is paid in one lump sum at the end of the term. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc.… … Law dictionary
balloon note — A form of promissory note which commonly calls for minimum payments of principal, if any, and the payment of interest at regular intervals, but which requires a substantial payment of principal at the end of the term; the final payment frequently … Black's law dictionary
balloon payment — n. The large payment due at the end of the term of a balloon note. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. balloon payment A large final paymen … Law dictionary
balloon payment — The final payment of principal under a balloon note; commonly representing essentially the entire principal. See balloon mortgage balloon note … Black's law dictionary
note — 1. verb To make a brief written statement; to erjtera memorandum, as to note an exception 2. noun An instrument containing an express and absolute promise of signer (i.e. maker) to pay to a specified person or order, or bearer, a definite sum of… … Black's law dictionary
Balloon Fight GB — Balloon Kid Balloon Kid Éditeur Nintendo Développeur Pax Softnica Concepteur Gunpei Yokoi (producteur) Yoshio Sakamoto (réalisateur, directeur artistique) … Wikipédia en Français
Balloon Kid — Éditeur Nintendo Développeur Nintendo R D1, Pax Softnica Concepteur Gunpei Yokoi (producteur) Yoshio Sakamoto (directeur) Musique Hirokazu Tanaka Date de sortie … Wikipédia en Français
Balloon modelling — A balloon artist in Vienna, Austria Balloon modelling or balloon twisting is the shaping of special modelling balloons into almost any given shape, often a balloon animal. People who create balloon animals and other twisted balloon sculptures are … Wikipedia
Balloon payment mortgage — A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity.Wiedemer, John P, Real Estate Finance, 8th Edition , p 109 110] The final payment is called a balloon payment … Wikipedia
balloon — I. noun Etymology: French ballon large football, balloon, from Italian dialect ballone large football, augmentative of balla ball, of Germanic origin; akin to Old High German balla ball more at ball Date: 1783 1. a nonporous bag of light material … New Collegiate Dictionary