Balloon payment: Difference between revisions
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imported>Doug Williamson (Expand wording to incorporate contract purchase arrangements. Source: The Treasurer, May 2015, p33, Paul Lippitt, "Funding the Fleet".) |
imported>Doug Williamson m (Added 1 line space before see also) |
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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. | ||
== See also == | == See also == | ||
* [[Amortisation]] | * [[Amortisation]] |
Revision as of 09:03, 17 May 2014
A final payment under a loan, bond or other financing arrangement which is substantially larger than any previous payment.