Home
E-Mail
Latest

Balloon Payment at Law Glossary

What is it? A large final payment due at the end of a loan.

Legal Definition Added By: Blake

The Balloon Payment definition has been viewed 670 Time(s)!




Send To Friends!

If you'd like to send the Balloon Payment definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Balloon Payment. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Law Terms:

Legal Term Cancellation of trademark (cancellation proceeding) is A federal trademark registration may be canceled by a court in a civil action, or by the U.S. Patent and Trademark Office in a cancellation proceeding. The grounds for cancellation of a mark include; the mark is likely to cause confusion with a prior mark, it is descriptive of the underlying goods or services, or that the mark is generic.

Legal Term Accidental Death Benefit is A provision or rider to a life insurance policy that pays the beneficiary more than the face amount (such as double) in case you, the insured, die as a result of a covered accident, Formerly known as a double indemnity rider, there are some forms that p

Legal Term Nonprofit Corporation is A business organization that serves some public purpose, and therefore enjoys special treatment under the law. Nonprofits corporations, contrary to their name, can make a profit, but cannot be designed primarily for profit-making. Distributions upon liquidation typically must be made to another nonprofit.

Legal Term Beneficiary-owned Trust is A trust that is treated as owned by someone other than its Grantor, by virtue of 678.

Legal Term Burglary is the unlawful entry of a structure to commit a felony or a theft. Attempted burglary is included.