Balloon payment


noun
a large payment that concludes a series of smaller payments, for example in order to repay a loan

Read Also:

  • Balloon loan

    noun a loan in respect of which interest and capital are paid off in instalments at irregular intervals

  • Balloon room

    balloon room noun phrase A room where marijuana is smoked; Beat Pad [1960s+ narcotics; probably because one gets high in such a place] Historical Examples I arrived in good time and was told (I fancied rather contemptuously) that the contest was to come off in “the balloon room.” Punch, or the London Charivari, Vol. 93, […]

  • Balloon sail

    any light, loose sail, as a jib or spinnaker, used by a yacht in light wind. Historical Examples Baby jib top-sails had been sent down before the rounding, and spinnaker poles were now ready for the balloon sail. The Young Oarsmen of Lakeview Ralph Bonehill noun (nautical) a large light bellying sail used in light […]

  • Balloon seat

    bell seat. (on some 18th-century chairs) a seat having an outline resembling that of a bell.

  • Balloon shade

    a window shade that when raised is gathered into a series of puffy festoons created by inverted pleats in the fabric.


Disclaimer: Balloon payment definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.