| 释义 |
Balloon maturity Balloon maturityAny large principal payment due at maturity for a bond or loan with or without a sinking fund requirement.Balloon MaturityA provision in some bond agreements in which a large number of bonds comes due at the same time, usually at maturity. Balloon maturity occurs only in bonds without a sinking fund provision; rather than retiring part of the principal at different times, balloon maturity returns most or all of the principal on a single date. Issuers of bonds with balloon maturities can have difficulty in repayment if they have not set aside a sufficient amount of money. |