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   

Quasi-corporations Jitney Tax rebate
Certificate of Incorporation Rural Payments Agency Interpleader
Grey market Fiscal Policy Parental leave policy
Outside The Scope Whistleblower Call to Action
Decree Nisi Charges Load List
Insolvency mutatis mutandis FAQ
Payer Inti NDA
Quoted company Gross Underwithholding
Intellectual property Kroon N266 Civil Court form
Sin Tax RAR Specified Supplies
Crowding Out Unitholder Data breach
LIBO CHAPS Elephant Hunt
Securitisation Derivative action Bancassurance

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 © 2004-2020 Scopulus Limited. All rights reserved.