{"iri":"https://folio.openlegalstandard.org/R7WGnh1rtHb83LCujSQcY5h","label":"Balloon Payment Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"de-de":"Ballonzahlungsklausel","en-gb":"Balloon Payment Clause","fr-fr":"Clause de paiement ballon","pt-br":"Cláusula de pagamento balão","es-es":"Cláusula de pago final elevado","es-mx":"Cláusula de pago final elevado","he-il":"סעיף תשלום בלון","hi-in":"बैलून भुगतान क्लॉज","ja-jp":"バルーン支払い条項","zh-cn":"气球付款条款"},"hidden_label":null,"definition":"A balloon payment clause is a provision in a contract that requires the borrower to make a large payment at the end of the loan term, often used in mortgage agreements.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}