B Balloon Note

 

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B Balloon Note

A note calling for periodic payments which are insufficient to fully amortize the face amount of the note prior to maturity, so that a principal sum known as a "balloon" is due at maturity.



B Balloon Note

Similar Matches

Balloon payment

Balloon payment

The final lump sum payment due at the end of a balloon mortgage.


Balloon mortgage

Balloon mortgage

A mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal.


Balloon Payment

Balloon Payment

The final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan.


Balloon

Balloon

The final payment on a loan which is significantly larger than those preceding it.


Balloon maturity

Balloon maturity

Any large principal payment due at maturity for a bond or loan with or without a sinking fund requirement.


Further Suggestions

Balloon Payment


 
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