balloon note
Polish translation: kredyt balonowy
| 03:24 Jul 2, 2004 |
| English to Polish translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: bartek Local time: 20:13 | ||||||
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| 4 +4 | kredyt balonowy |
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Answers
2 hrs confidence: 
peer agreement (net): +4
peer agreement (net): +4kredyt balonowy Explanation: balloon note A long-term loan, often a mortgage, that has one large payment (the balloon payment) due upon maturity. A balloon note will often have the advantage of very low interest payments, thus requiring very little capital outlay during the life of the loan. Since most of the repayment is deferred until the end of the payment period, the borrower has substantial flexibility to utilize the available capital during the life of the loan. The major problem with such a loan is that the borrower needs to be self-disciplined in preparing for the large single payment, since interim payments are not being made. Balloon notes are often undertaken when refinancing or when a major cash flow event is anticipated. also called bullet loan or balloon loan. http://www.investorwords.com/400/balloon_note.html Kredyt balonowy - kredyt, którego spłata następuje w taki sposób, że ostatnia rata, zwana ratą balonową, może stanowić nawet do 20% wartości kredytu, a pozostałe raty - wszystkie równej wartości - są mniejsze. http://66.102.11.104/search?q=cache:HfUWpA084jAJ:www.cc-bank... transakcja sfinansowana kredytem balonowym |
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