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单词 balloon payment
释义

> as lemmas

balloon payment
balloon payment n. Finance (originally and chiefly U.S.). a large payment due at the end of a loan period and coming after a series of considerably smaller, regular repayments.
ΚΠ
1930 Los Angeles Times 11 Nov. 3/3 (advt.) No balloon payments.
1989 E. Innes & L. Southwick-Trask Financial Post Turning it Around x. 220 The federal and provincial governments pitched in by allowing their debt of $20 million to be interest-free and amortized over ten years with a balloon payment at the end of five years.
2006 Mirror (Eire ed.) (Nexis) 15 Aug. 2 Consumers were warned to be aware of a balloon payment at the end of hire purchase agreements.
extracted from balloonn.
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更新时间:2024/9/20 23:20:59