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 ?
Aerodynamic boat tails may have to be customized for each design, they say.
Abreviations: COL, cartidge overall length; HP, Hollow Point; BT, Boat Tail; SP, Soft Point; DMX, Giling Metal eXpanding; PP, Power Pro.
Most shooters prefer to a boat tail bullet that can be seated to the same depth for an entire season rather than measure and likely make adjustments more often.
I have used the Sierra 140- and 150-grain Spitzer Boat Tails on deer with complete success and shot my first mule deer with a Sierra GameKing HPBT.
Before my hog hunt, I was able to obtain five-shot groups with Remington Premier Boat Tail 165-grain loads of just under 1.2 inches.
A maintenance-free boat tail 90 grain bullet arrived from Sierra in 2005.1 was still Armorer for the Army Reserve Team at the time and started doing load work ups.
Norma makes a 7.5x55 hunting round loaded with a 180-grain semi-pointed, boat tail bullet.
It paid off though, culminating in seven calibers and 12 new bullets in flat base and boat tail designs.
Tenders are invited for Boat Tail Anodising From Trade Of Boat Tail Machined To Drg.
With boat tail bullets the shooter doesn't have to lengthen the rounds to compensate for throat erosion.
Abbreviations: BT, Ballistic Tip; TS-X Triple-Shock X; TTSX-BT, Tipped Triple-Shock Boat Tail; GS, Grand Slam; IB, InterBond; IL BTSR Interlock Boat Tail Soft Point; HPBT, Hollow Point Boat Tail, COL, Cartridae Overall Lenoth.
This worked quite well with any bullet featuring at least a minimal boat tail, but required some finesse and fidgeting with the loading lever when fiat base bullets were being loaded.