TERMIUM Plus®

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

bullet loan [1 record]

Record 1 1998-07-07

English

Subject field(s)
  • Loans
DEF

A bank loan repaid in a lump sum upon maturity.

CONT

The "bullet loans" of 1972 where the whole loan was paid at final maturity were the ultimate balloon, but fortunately this concept was short-lived.

French

Domaine(s)
  • Prêts et emprunts
DEF

Crédit remboursable en une seule fois, à l'échéance.

Spanish

Campo(s) temático(s)
  • Préstamos
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