Financial Dictionary

This dictionary contains:
24549
financial terms

Balloon payment




Balloon payment

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

RELATED TERMS
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Payment
The amount required to repay a loan, including interest and fees.

Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.

Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.

Loan
Something lent (usually money) that will have to be given or paid back (usually with interest).



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Balloon
The final payment on a loan which is significantly larger than those preceding it.

Balloon interest
In the context of serial bond issues, the elevated coupon rate on bonds with late maturities.

Balloon maturity
1) A repayment schedule for a bond issue where a large number of the bonds come due at a one time (normally at the final maturity date). 2) A final loan payment that is considerably higher than prior payments. This is also known as a "balloon payment."

Balloon option
An option whose notional payments increase significantly after a set threshold is broken.

Ballot
The document distributed at the annual meeting to shareholders of record who wish to vote their shares in person.



PREVIOUS AND NEXT TERMS
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Balancing
Evaluation by share specialists about a share's expected future performance.

Balloon
The final payment on a loan which is significantly larger than those preceding it.

Balloon interest
In the context of serial bond issues, the elevated coupon rate on bonds with late maturities.

Balloon maturity
1) A repayment schedule for a bond issue where a large number of the bonds come due at a one time (normally at the final maturity date). 2) A final loan payment that is considerably higher than prior payments. This is also known as a "balloon payment."

Balloon option
An option whose notional payments increase significantly after a set threshold is broken.

Balloon payment

Ballot
The document distributed at the annual meeting to shareholders of record who wish to vote their shares in person.

Baltic exchange
A self regulated London exchange serving world wide interests. It is the world's premier maritime market for ship chartering and sale and purchase.

Bancassurance
A combination of banking and insurance business.

Band earnings
Pay between the lower earnings limit and upper earnings limit which is used to determine National Insurance Contributions.

Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.

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This dictionary contains 24549 terms.







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