balloon payment

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Related to Bullet payment: balloon payment, Bullet loan

balloon payment

n.
A final loan payment that is significantly larger than the payments preceding it.

balloon payment

n
(Banking & Finance) a large payment that concludes a series of smaller payments, for example in order to repay a loan
References in periodicals archive ?
The IDB loan has a bullet payment on April, 15 2019 with an interest rate based on LIBOR.
Supported by the efforts exerted to execute the restructuring plan, renovation of the bank's infrastructure, improvement of human resources together with the support of the bank's parent company Abu Dhabi Islamic Bank in United Arab Emirates, ADIB - Egypt was able to achieve profit in the first quarter of the current year after the bank paid off EGP 956 million to cover the provisions gap in one bullet payment, two years ahead of the assigned date.
Half of the total debt facility is repayable in a bullet payment after five years, while the rest is amortized over eight years.
The proposed debentures will have a three-year tenor, with principal repayment as a bullet payment on maturity.
In 2010 the union engineered a one-off bullet payment from cash reserves to reduce its stadium-related debt from pounds 32m to pounds 25m.
Overview of Syndicated Loan Agreements (a) New term loan agreement (1) Loan type: Term loan by method of syndication (2) Agreement date: September 27, 2011 (3) Loan amount: 10 billion yen (4) Execution date: September 30, 2011 (5) Use of funding: Business funding (6) Loan term: Three years (7) Method of repayment: Bullet payment (8) Arranging bank: The Bank of Tokyo-Mitsubishi UFJ, Ltd.
So, it is a bullet payment on the happening of an event or the occurrence of a particular critical illness.
9% of the issue) will be via a bullet payment in the 36th month of the issue.
A capital lease is, in effect, a loan which is paid off over the life of the lease through rent, or with a bullet payment at the end or a combination of the two, and the lessee takes on the asset risk.
The bullet payment, as a one- time full payment is known in realtor parlance, was made to owners Maharaja Ummed Mills Limited by Om Metals Infra Projects Limited.
Under his contract there was bullet payment after his 22nd appearance, he has played 21 games and we are looking to have a meeting with Lens to negotiate," Andronikou added.