Home > Term: Balloon payment
Balloon payment
The final (large) payment that repays all the remaining principal and interest of a partially amortised or unamortized loan.
- Sõnaliik: noun
- Valdkond/domeen: Financial services
- Category: General Finance
- Company: Bloomberg
0
Looja
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
