Meaning Of The Word Balloon mortgage

Real Dictionary

What's the definition of Balloon mortgage? Find Balloon mortgage meanings, definitions and more at the Real Dictionary online.

Balloon mortgage Meaning

Balloon mortgage Definition
Balloon mortgage Definition

What's The Definition Of Balloon mortgage?

balloon mortgage
countable noun: A balloon mortgage is a mortgage on which the repayments are relatively small until the large final payment.

balloon mortgage in Finance
noun: A balloon mortgage is a mortgage in which you make small payments over a period of time and repay the balance in one large final payment.

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Gooney bird ‐ noun: any of several albatrosses, esp. the black-footed…
  • Justitia ‐ noun: the ancient Roman personification…
  • Ultrarealist ‐ noun: a proponent of…
  • Fernitickle ‐ noun; noun:…
  • Contract labor ‐ noun: labor coercible by the enforceable provisions…
  • Reattain ‐ to attain (a goal, aim, level of achievement…
  • Degree ‐ any of the successive steps or stages in a process…
  • Preconcert ‐ to arrange or settle beforehand, as by agreement…
  • Sapremia ‐ a form of blood poisoning caused by toxic products…
  • Cut someone some slack ‐ to be less demanding of someone; ease up on someone…