balloon payment

English - Turkish

Definition of balloon payment in English Turkish dictionary

Balon Ödeme. Kredi geri ödemelerinin düşük tutarda ve sabit ödemelerle oluşturulduğu, buna karşılık son taksit ödemesinin yüksek tutarda olduğu bir kredi geri ödeme şeklidir

(Ticaret) balon ödeme

English - English

Definition of balloon payment in English English dictionary

{i} large lump sum paid as final payment due at the end of a loan

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

Related Terms

balloon payment bullet loan

loan which is initially repaid at a low rate and then comes due in one large lump sum

Hyphenation

bal·loon pay·ment

Turkish pronunciation

bılun peymınt

Pronunciation

/bəˈlo͞on ˈpāmənt/ /bəˈluːn ˈpeɪmənt/

Etymology

[ b&-'lün ] (noun.) 1783. French ballon large football, balloon, from Italian dialect ballone large football, augmentative of balla ball, of Germanic origin.