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Balloon loan and Balloon payment
“Balloon loan” designates a loan (either a bilateral loan or a syndicated loan) where the amortization of the loan provides for regular payments (for instance every month, 3 months or year), but is characterized by a significantly larger payment on the final maturity date (the "balloon payment").
Balloon loan and Balloon payment
“Balloon loan” designates a loan (either a bilateral loan or a syndicated loan) where the amortization of the loan provides for regular payments (for instance every month, 3 months or year), but is characterized by a significantly larger payment on the final maturity date (the "balloon payment").
See
all terms in the dictionary of finance
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