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Balloon-frame construction
Balloon-frame construction A type of framing used in two-story homes in which studs extend from the ground to the ceiling of the second floor.
RELATED TERMS--------------------------------------
Framing
The construction of the skeletal framework of a house.
Studs
The upright pieces of lumber or steel in a wall to which panels, siding, drywall or other coverings are attached.
Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.
SIMILAR TERMS--------------------------------------
Balloon loan
Mortgage in which the remaining principal balance becomes fully due and payable at a predetermined time.
Balloon mortgage
A mortgage that typically offers low rates for an initial period of time (usually 5, 7, or 10) years; after that time period elapses, the balance is due or is refinanced by the borrower.
Balloon or bullet loan
A loan with a maturity that is shorter than the amortization period.
Balloon payment
The final installment paid at the end of the term of a note; used only when preceding installments were not sufficient to pay off the note in full.
Balloon risk T
The risk that a borrower will not be able to make a balloon (lump sum) payment at maturity due to a lack of funding.
Bally property
Property in Bally, India. Apartments, flats, houses, offices and other property in Bally.
PREVIOUS AND NEXT TERMS--------------------------------------
Balloon loan
Mortgage in which the remaining principal balance becomes fully due and payable at a predetermined time.
Balloon mortgage
A mortgage that typically offers low rates for an initial period of time (usually 5, 7, or 10) years; after that time period elapses, the balance is due or is refinanced by the borrower.
Balloon or bullet loan
A loan with a maturity that is shorter than the amortization period.
Balloon payment
The final installment paid at the end of the term of a note; used only when preceding installments were not sufficient to pay off the note in full.
Balloon risk T
The risk that a borrower will not be able to make a balloon (lump sum) payment at maturity due to a lack of funding.
Balloon-frame construction
Baluster
Any of the vertical supports for a stair, balcony or railing.
Balustrade
Railing held up by a set of posts on a porch or stairway.
Bank
An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
Bank holding company
A company that owns or controls one or more banks or companies associated with banking such as leasing companies, credit companies, etc.
Banker's rule
Using a 360-day year for prorations.
This dictionary contains 6433 terms. |
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