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Dictionary

Words, grammatical forms and meanings linked to the ontology.

balloon payment en · NOUN

Etymology

So called because the debt becomes inflated like a balloon as a result of the compound interest accumulating on the large sum.

Meanings

  1. An unusually large payment due at the end of the term of a loan agreement.

Forms

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balloon payments Number=Plur lexicographic

Relateds

amortization · bullet payment

Synonyms

lump sum

Translations (2)

fi könttäsumma (Translations) · pl rata balonowa (Translations)