FOLIO Ontology

Balloon Payment Clause

IRI:
https://folio.openlegalstandard.org/R7WGnh1rtHb83LCujSQcY5h
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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.

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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

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Additional Information

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Source and Origin

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