balloon payment
Noun
Meaning
balloon payment (plural balloon payments)
English Wikipedia has an article on:balloon paymentWikipedia
An unusually large payment due at the end of the term of a loan agreement.
Synonym: lump sum
Noun
balloon payment (plural balloon payments)
English Wikipedia has an article on:balloon paymentWikipedia
An unusually large payment due at the end of the term of a loan agreement.
Synonym: lump sum