| 单词 | balloon payment |
| 释义 | > as lemmasballoon payment balloon payment n. Finance (originally and chiefly U.S.). a large payment due at the end of a loan period and coming after a series of considerably smaller, regular repayments. ΚΠ 1930 Los Angeles Times 11 Nov. 3/3 (advt.) No balloon payments. 1989 E. Innes & L. Southwick-Trask Financial Post Turning it Around x. 220 The federal and provincial governments pitched in by allowing their debt of $20 million to be interest-free and amortized over ten years with a balloon payment at the end of five years. 2006 Mirror (Eire ed.) (Nexis) 15 Aug. 2 Consumers were warned to be aware of a balloon payment at the end of hire purchase agreements. < as lemmas |
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