Balloon payment: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Expand wording to incorporate contract purchase arrangements. Source: The Treasurer, May 2015, p33, Paul Lippitt, "Funding the Fleet".)
Line 1: Line 1:
A final repayment of a loan or bond which is substantially larger than any previous amortised 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 15:03, 15 May 2014

A final payment under a loan, bond or other financing arrangement which is substantially larger than any previous payment.

See also