Balloon payment: Difference between revisions
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imported>P.F.cowdell@shu.ac.uk m (Categorise the page) |
imported>Doug Williamson (Add example.) |
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A final payment under a loan, bond or other financing arrangement which is substantially larger than any previous payment. | A final payment under a loan, bond or other financing arrangement which is substantially larger than any previous payment. | ||
A common example is a contract purchase arrangement. | |||
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* [[Amortisation]] | * [[Amortisation]] | ||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Latest revision as of 16:08, 27 August 2020
A final payment under a loan, bond or other financing arrangement which is substantially larger than any previous payment.
A common example is a contract purchase arrangement.
