Balloon payment: Difference between revisions

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imported>P.F.cowdell@shu.ac.uk
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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]]
[[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.


See also