Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

balloon payment

noun

Definition of balloon payment

US

  1. :  a final payment that is much larger than any earlier payment made on a debt <They agreed to pay $1,000 a year for five years and then make a balloon payment of $50,000 at the end of the term.>



Word by Word Definitions

balloonplay
  1. :  a nonporous bag of light material that can be inflated especially with air or gas: as

    :  a bag that is filled with heated air or a gas lighter than air so as to rise and float in the atmosphere and that usually carries a suspended load (as a gondola with passengers)

    :  an inflatable bag (as of rubber or plastic) usually used as a toy or for decoration

  1. :  relating to, resembling, or suggesting a balloon

    :  being or having a final installment that is much larger than preceding ones in a term or installment note

  1. :  to swell or puff out :  expand

    :  to ascend or travel in or as if in a balloon

    :  to increase rapidly

paymentplay
  1. :  the act of paying

    :  something that is paid :  pay

    :  requital


Seen and Heard

What made you want to look up balloon payment? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

at a gallop

Get Word of the Day daily email!