| balloon |
a general term for an aerostat.
Ãâó: www.grandadventureballoon.com/glossary.html
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| balloon |
Usually a short-term fixed-rate loan which involves small payments for a certain period of time and one large payment for the remaining amount of the principal at a time specified in the contract.
Ãâó: www.sandiegoforsalebyowner.com/glossary-b.html
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| balloon |
A loan that has a series of monthly payments with the remaining balance due in a large lump sum at the end.
Ãâó: www.ohiofinancialgroup.com/glossary.html
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| balloon |
1) A repayment schedule for a bond issue where a large number of the bonds come due at a one time (normally at the final maturity date). 2) A final loan payment that is considerably higher than prior payments.
Ãâó: www.fraudsandscams.com/glossary_b.htm
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| balloon |
The final payment on a mortgage, deed of trust or real estate contract when that payment is greater than the preceding installment payments and/or pays the loan in full.
Ãâó: www.investinmortgages.net/glossary.html
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