Balloon Payment Clause

Balloon Payment Clause - 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.

Class Information

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Identification

Label (rdfs)
Balloon Payment Clause
Preferred Label
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Definition and Examples

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
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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

Class Relationships

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Additional Information

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Deprecated
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