balloon payment

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Related to Bullet payment: balloon payment, Bullet loan

Balloon Payment

The final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan. See: Bullet.

balloon payment

A final loan payment that is significantly larger than the payments preceding it. For example, a bond issuer may redeem 3% of the original issue each year for 20 years and then retire the remaining 40% in the year of maturity.

balloon payment

The full principal amount due at the end of a balloon mortgage.

References in periodicals archive ?
When fully amortizing the $60 million bullet payment due fiscal 2038, MADS is about $12.
9 million, including a $108 million bullet payment on the series 2008A bonds in fiscal 2038) represents a very high 362.
Another option for the city would be to use reserves to make the 2014 bullet payment, which could deplete cash levels that will already be weakened to support governmental funds.
5 million bullet payment due in 2015, which is a credit concern.
Assuming a level amortization of the bullet payment over a 20-year period, MADS reduces to approximately $17.
5 million, but this figure includes a bullet payment of $5 million in 2016.
Heavily indebted governments like Ghana, Gabon and Zambia lack the resources to make bullet payments, and cannot continually refinance their loans at ever higher interest rates.
This mechanism is expected to effectively eliminate the receivables balance by end 2018, assuming that no further bullet payments are made to the petroleum sector by the Egyptian government.
This mechanism is expected to effectively eliminate the receivables balance by end of 2018, assuming that no further bullet payments are made to the petroleum sector by the Egyptian government.
Under the restructuring plan, the national carrier will get working capital loans through a mix of bonds guaranteed by the government with longer tenure and bullet payments.
Six of the club's players would trigger clauses - known as bullet payments - in their contracts that guarantee them a renewal of their contracts or will entitle them to a range of cash payments.
Similarly, the lending excesses of 2005 - 2007 will give rise to a capital requirement over the next two - four years, as facilities expire and bullet payments fall due.