Business terms and jargon explained. Your business dictionary

What is Balloon Payment

Is the final payment on a lease purchase agreement you pay to own the goods. If you buy a car, the final payment means that you own the car. You may however sell the car to pay this last balloon payment. Any excess is our to keep but if there is a short fall on the amount you will have to pay the difference to the finance company.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Deflation TAR Warrant Avatar
Big Hitter Lawyer Loading Pass Win win
Alternate bid FAQ Market Research Recorder
Call Option Exempt Supply Sub-soil assets Petition
Corporations Tax code Subscribers QR code
Altcoin Warehouse Decree Nisi Adware
Proprietor Cafeteria plan Rufiyaa Usufruct
Judiciary Volume discount Pro tanto Mediation
Garnishee Order QUANGO Percentage of Annual Revenue From Online Sales VRN
Conditional discharge Functional Fexibility Baht Togrog

Term created / updated 2006-04-24 11:44:19

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.