| 单词 | balloon mortgage |
| 释义 | > as lemmasballoon mortgage b. Designating a loan under the terms of which a balloon payment is required. Chiefly in balloon mortgage. ΚΠ 1959 Jrnl. House of Representatives (Florida) 22 Apr. 244/1 A bill..providing for the designation of balloon mortgage. 1978 N.Y. Times 30 Mar. b3/3 A pattern of ‘balloon mortgages’, those in which the principal is deferred until the end. 1999 Sunday Herald (Glasgow) (Nexis) 22 Aug. 20 Both banks allow you to defer payment of up to 50% of the cost of the car until the end of the term... These type of deals are fittingly called balloon loans. 2005 Rochester (N.Y.) Democrat & Chron. (Nexis) 23 July (Home Real Estate section) 1f Some buyers have taken out interest-only loans or balloon mortgages in the hopes that they can sell their vacation home at a profit. < as lemmas |
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