bullet loan

  

Definition

Type of balloon loan in which only interest is paid for the duration of loan; the principal is paid at the end of the loan as one lump sum payment.

News containing the term bullet loan

Loading...



http://www.businessdictionary.com/definition/bullet-loan.html


Enter your email address to get our free Term of the Day newsletter!

bullet loan is...

Nearby Terms

Popular 'Banking, Commerce, Credit, & Finance' Terms

Search volume for bullet loan

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z