bullet loan

bullet loan
A loan in which the whole of the principal is repaid in a single final payment known as a bullet, although interest may be paid in interim payments.

Accounting dictionary. 2014.

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  • Bullet loan — In banking and finance, a bullet loan is a loan where a payment of the entire principal of the loan, [cite news|last=Howard|first=Bob|title=Insurers brace themselves for oncoming bullets. |Publication=Los Angeles Business Journal|date=1993 April… …   Wikipedia

  • Bullet loan — A bank term loan that calls for no amortization. The New York Times Financial Glossary * * * bullet loan bullet loan ➔ loan1 * * * bullet loan UK US noun [C] FINANCE ► a type of loan whose principal (= amount borrowed) must be paid in one single… …   Financial and business terms

  • bullet loan — A name occasionally used to describe a promissory note used for transactions that do not require any principal to be repaid until the maturity of the note. Interest is usually due periodically prior to maturity. Most often used to describe loans… …   Financial and business terms

  • Bullet Loan — Any loan that requires a balloon payment at the end of the term and anticipates that the loan will be refinanced in order to meet the balloon payment obligation. These loans are riskier because the homeowner s equity in the property doesn t… …   Investment dictionary

  • bullet loan — / bυlɪt ləυn/ noun US a loan which is repaid in a single payment …   Dictionary of banking and finance

  • Bullet Loan — (кредит с единовременным погашением) кредит, выплата полной суммы основного долга по которому происходит при его погашении …   Ипотека. Словарь терминов

  • balloon payment bullet loan — loan which is initially repaid at a low rate and then comes due in one large lump sum …   English contemporary dictionary

  • Bullet (disambiguation) — Bullet may refer to: * bullet, a metal projectile used in a gun * bullet (typography) (•), a solid typographic symbol; called a bullet point in the United Kingdom * Bullet (comic), a British comic published during the 1970s * Bullet (comics), a… …   Wikipedia

  • Bullet Transaction — A loan in which all principal is repaid when the loan matures instead of in installments over the life of the loan. Only interest is paid during the loan term. A bullet transaction may have two or more tranches, where the different tranches might …   Investment dictionary

  • loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you …   Financial and business terms

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