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Balloon maturity

• Any large principal payment due at maturity for a bond or loan with or without a a sinking fund requirement.

 
 Embedded terms in definition
 Bond
Maturity
Principal
Sinking fund requirement
Sinking fund
Without
 
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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

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