英语词汇“balloon payment”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

balloon payment

noun

A repayment of the outstanding principal sum made at the end of a loan period, interest only having been paid hitherto.The required payments are the monthly instalments of principal and interest under the loan, until the balloon payment comes due in March....

Should the customer decide not to pay the balloon payment at the end of the interest-free period then it is time to renegotiate further monthly payments.
Ballentine explains how a balloon payment works: ‘After a given time period at a particular rate, the entire remaining amount becomes due on the loan.’

单词	balloon payment
释义	balloon payment noun A repayment of the outstanding principal sum made at the end of a loan period, interest only having been paid hitherto.The required payments are the monthly instalments of principal and interest under the loan, until the balloon payment comes due in March.... Should the customer decide not to pay the balloon payment at the end of the interest-free period then it is time to renegotiate further monthly payments. Ballentine explains how a balloon payment works: ‘After a given time period at a particular rate, the entire remaining amount becomes due on the loan.’
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