What is the meaning of Balloon?

Subtopics: payment 

Balloon is the loan balance remaining at the time the loan contract calls for full repayment.

Barry Goldsmith
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APABarry Goldsmith. (2010). balloon. Retrieved September 23, 2026, from http://smartdefine.org/balloon/definitions/1148289
ChicagoBarry Goldsmith. 2010. "balloon" http://smartdefine.org/balloon/definitions/1148289 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, balloon, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/balloon/definitions/1148289>.
MLABarry Goldsmith. "balloon" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/balloon/definitions/1148289>
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