Definition of balloon mortgage in English:

balloon mortgage

Syllabification: bal·loon mort·gage

Entry from US English dictionary

noun

A mortgage in which a large portion of the borrowed principal is repaid in a single payment at the end of the loan period.

Definition of balloon mortgage in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day guzzle
Pronunciation: ˈgʌz(ə)l
verb
eat or drink (something) greedily