Home > Term: balloon payment
balloon payment
The final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan.
- Besedna vrsta: noun
- Industrija/področje: Financial services
- Category: General Finance
- Company: Bloomberg
0
Avtor
- Jessehe
-
(V.I.P) 32013 points - 40.13% positive feedback
