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balloon loan
(redirected from Balloon Notes)

    Also found in: Financial 0.01 sec.
balloon loan
n
(Economics, Accounting & Finance / Accounting & Book-keeping) a loan in respect of which interest and capital are paid off in instalments at irregular intervals
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ARMs are resetting to elevated percentages,fallen property values, balloon notes becoming due, unstable money markets and security markets causing monetary losses in uncertain economy which leads to layoffs.
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Balloon notes that call for the payment of interest only currently are an attractive way to provide liquidity without the immediate burden of substantial loan payments.
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Balloon notes that provide only for the payment of interest will enhance borrower's liquidity.
Tax-efficient wealth transfers: low interest rates offer ... by Rosenberg, Mike / Modern Brewery Age
 
 
 
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