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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Public corporations	Custody time limit	Simple Interest	Critical Path
Deadline	Hryvnia	Job-ready	Ask
Buy To Let	Automatic trade	Volens	Creative Commons
Optimist	Kroon	Kilowatt hours (kWh)	Applet
Loan	Chief Rent	Pataca	Bullionism
Peer	Gross value added - GVA	Earned value Analysis	Bluetooth
Watering Stock	Crowding Out	Public trustee	Make waves
Money Transfer Abroad	Default Surcharge	Fixed Assets	Hidden Economy
Cyberspace	Law Lord	Gourde	Base Rate
Copyright Tribunal	Adhocracy	Perjury	Unitholder

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

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