| 词汇 | balloon payment |
| 释义 | `1`balloon payment `2` "Nolo Everybody's Legal Dictionary": A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection. See Topic: Consumer & Travel Debt & Bankruptcy Real Estate Cars & Tickets |
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