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.

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Passing off Bridge loan - (bridging loan) Unemployed BZIP2
Opportunity Costs Admiralty Court Financial Auxiliaries Joint Venture
Melt Value Aggregate Demand Ceteris paribus Warranty liability
Rational Decision WTO User Group Expert witness
Et cetera Deferment Trader Volume discount Business Activities
N218 Civil Court form Rupiah Horizontal integration Macro environment
N92 Civil Court form Privilege Committal for sentence TMI
Community Patent Chargeable Income Marginal Cost Pricing Bear hug
Money Supply Forum To adjourn Bankrupt
Regressive Tax Indirect Costs Bad debt Credit-Worthiness

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.

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