| balloon |
A large payment - usually at the end of the term. Used in Conditional sales Contracts as an attempt to offer similar payment structure to a lease with an option to purchase.
출처: www.leasingcanada.com/glossary.htm
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| balloon |
A long-term loan, often a mortgage, that has one large payment (the balloon payment) due upon maturity. Often done when refinancing or when a major cash flow event is anticipated. Therefore, a 5-year balloon on a 30-year payment schedule means that after 5 years, the principle is due to the financial institution holding the mortgage. At this time the collateral may be refinanced at the current interest rate.
출처: www.fam1st.com/glossary.html
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| balloon |
The maturing principal of a bond issue.
출처: www.moneysense.ca/investing/stocks_markets/article...
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| balloon |
The amount that is still to be paid on maturity of a mortgage.
출처: www.fsbohowto.com/real-estate-terms.html
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| balloon |
A mortgage with periodic installments of principal and interest that do not fully amortize the loan. The balance of the mortgage is due in a lump sum at a specific date, usually at the end of the specified term. (eg 30yrs)
출처: www.kellogganderson.com/financialdefinitions.htm
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