Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
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noun
An unusually large payment due at the end of the term of a loan agreement.
Definition source: English Wiktionary via Wiktextract
Topics: business, real-estate
No example sentence was provided for this meaning.
Synonyms: lump sum
Antonyms: none provided
History
So called because the debt becomes inflated like a balloon as a result of the compound interest accumulating on the large sum.
Across languages
2 source translations are retained for this English entry.
