Bullet

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Bullet

A one-time repayment, often after little or no amortization of the loan. See: Balloon Payment.

Bullet

The final, large payment a loan whereby the property owner makes only small payments for a set period of time (often five, seven or 10 years). At the end of the term, the owner repays the bullet, which is the entire principal and interest at once. For example, during the 2000s real estate bubble, balloon mortgages were common; homeowners made only interest payments followed by a bullet for the entire principal of the mortgage's maturity. Loans with bullets may be useful if the owner expects interest rates to be low at the end of the term and he/she can simply refinance the loans. However, there is a high risk of default because not all owners have the cash to repay the loan at one given time.
References in periodicals archive ?
com)-- According to a new market report published by Persistence Market Research "Global Market Study on Bulletproof Security Glass Market - Middle East & Africa to Witness Highest Growth by 2021", the global bulletproof security glass market was valued at USD 2,395.
He added: "It would be unusual for somebody to have a bulletproof armour-plated car but there is no law against it.
Other IT automation solutions previously used by Bulletproof InfoTech required the company to charge all of its clients the same service cost regardless of size, and rendered notebooks invisible if they left the network.
Some of the major players in the bulletproof security glass market are Asahi Glass co.
The bulletproof vest market analysis is provided for both the international markets including development trends, competitive landscape analysis, and key regions development status.
Sources said one bulletproof jacket which can protect from the bullet of Semi-auto Machine Gun (SMG) costs Rs 70000, while 500 police constables have lost their lives in 2 years due to ineffective jackets.
The first stage involves growing a layer of real skin around a sample of the bulletproof skin, which takes about five weeks.
These days, major Indian automobile manufacturers like Mahindra and Tata too are manufacturing bulletproof SUVs which are being used by the security forces and state police.
The entire application and payment process for the Bulletproof Vest Partnership Program is handled online via the Internet.
Spiders use various types of silk for building webs, descending from heights, protecting their eggs or immobilizing their prey; scientists would like to create their own versions for uses such as artificial tendons, sutures and bulletproof vests.
Following the recent attack on Jacksonville Jaguars Offensive Tackle Richard Collier, representatives of professional athletes and their security staff have reached out to Texas Armoring Corporation to provide them with custom bulletproof car solutions.
28, 2015 /PRNewswire/ -- Biohacker, bestselling author, creator of Bulletproof Coffee, and Bulletproof Founder Dave Asprey announced today that the third annual Bulletproof Biohacking Conference will be held October 23 - 25, 2015 at the Pasadena Convention Center in Pasadena, California.