TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PICK-UP PAYMENT [1 record]

Record 1 2010-07-08

English

Subject field(s)
  • Loans
DEF

The amount of principal outstanding on a term loan that is due on the final maturity date, which is either the total amount of the loan or an amount significantly larger than any previous capital repayment.

French

Domaine(s)
  • Prêts et emprunts
DEF

Paiement d'un montant significatif représentant la dernière tranche de remboursement d'un crédit ballon, formule de financement dont les versements périodiques prévus sont relativement peu importants et qui exige le paiement d'une forte somme à l'échéance pour le remboursement final du solde à la date où la dette doit être éteinte.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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