Balloon Payment - Law Dictionary Search Results
balloon payment
Matched in: Term balloon payment
balloon
Matched in: Term balloon
mortgage
rate but which is adjusted periodically according to an index (as the cost of funds to the lender) balloon mortgage : a mortgage having the interest paid periodically and the principal paid in one lump sum at … title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or performance according to stipulated terms [shows that a deed was intended only as a "W. M. McGovern,
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