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Balloon risk T
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.
RELATED TERMS--------------------------------------
Risk
The probability of getting your money back. High risk means low probability; low risk means high probability.
Borrower
A person who has been approved to receive a loan and is then obligated to repay it and any additional fees according to the loan terms.
Will
A written document, properly witnessed, providing for the transfer of title to property owned by the deceased, called the testator.
Maturity
The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.
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-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.
Bally property
Property in Bally, India. Apartments, flats, houses, offices and other property in Bally.
PREVIOUS AND NEXT TERMS--------------------------------------
Balcony
A part of the building usually enclosed by a railing or balustrade that projects from either an inside or outside wall of a building.
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
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.
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.
This dictionary contains 6433 terms. |
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