FT MarketWatch

Balloon payment

A large, lump-sum payment scheduled at the end of a Series of considerably smaller periodic payments. A Balloon payment may be included in the payment Schedule for a Loan, Lease, or other stream of payments.

Related Terms: 7 Balloon payment, CLU, Inc., Loan, Lease, Series, Schedule
Other Related Pages: Category: Lending_and_Credit Starting With: B
Additional Related Terms: Aging schedule, Allowance for depreciation, Average collection period, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage