balloon payment
balloon payment · balloon payments
единовременная выплата, паушальная, паушальная сумма
Pauschale, Pauschbetrag, Pauschalbetrag
An unusually large payment due at the end of the term of a loan agreementAn unusually large payment due at the end of the term of a loan agreement.
Meaning
1 sensesAn unusually large payment due at the end of the term of a loan agreement.
Translations
1 languagesOrigin
So called because the debt becomes inflated like a balloon as a result of the compound intSo called because the debt becomes inflated like a balloon as a result of the compound interest accumulating on the large sum.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: balloon payments| Singular | balloon payment |
|---|---|
| Plural | balloon payments |
regular