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.

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Prosumer Legal Services Ombudsman Liquid Assets
Tax Form - P14 Money Transfer Decruit
Autoresponder Consignee Decree Nisi
Cost Unit N227 Civil Court form Credit-Worthiness
Buy To Let Per stirpes OEIC
Adjusted earnings Bullet Loan Debenture
Arrangement Fee Beneficiary RAR
Affidavit Invoice Krugerrand
Gross Pay Banned And Restricted Goods External Auditor
Ear candy Per diem Line Manager
Freight Forwarder N9A Civil Court form Accrued Interest
Upskill Headhunter Pro tanto
Cost Center Mitigation Free Zone

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

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