单词 | balloon payment |
释义 | balloon payment in British Englishnoun a large payment that concludes a series of smaller payments, for example in order to repay a loan balloon payment in Finance (bəlun peɪmənt) Word forms: (regular plural) balloon payments noun (Finance: Mortgage) A balloon payment is a large final payment of a loan. At the end of the five years, the loan will be due and payable and the investor willhave a balloon payment to make. One form of deferring principals is to make a balloon payment at the end of the term. A balloon payment is a large final payment of a loan. |
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