balloon loan

(redirected from Bullet Note)
Also found in: Financial.
Related to Bullet Note: Bullet point, Bullet Bond, Bullet loan

balloon loan

n
(Accounting & Book-keeping) a loan in respect of which interest and capital are paid off in instalments at irregular intervals
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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It has also assigned Rail Transit International Development Company Limited's proposed senior unsecured bullet note denominated in euros an 'A(EXP)' rating.
The soft bullet notes will become pass-through notes and their margins will step up in April 2018.