Business Terms and Jargon Explained

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

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   

Capped Rate CAM Overtime
Cartel Cash Flow Statement Buy-in
Free Abandon Tax Form - P11D
Supply Of Services Warranty of Authority Lead time
BOGOFF Credit Sale Franked income
Obsolete Org chart Cost per Thousand
Freehold Annul Long Term Debt
Abbreviated Accounts Tax Evasion Unemployed
VRN Appreciation Macro Virus
Downtime Order of committal Quantum
Tax Accounting N294 Civil Court form Audit
Zip Darknet Confirmation of Verbal Agreement
DDOS Community Patent Lessor

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.