(a) balance of payment

  • 31balloon payment — A contractually required loan payment, almost always the final payment, that is larger than the other contractually required, periodic loan payments. Results from the fact that required, periodic loan payments are too small to fully amortize the… …

    Financial and business terms

  • 32final payment — ➔ payment * * * final payment UK US noun [C or U] FINANCE ► the last in a series of payments, or the amount needed to pay off a debt: final payment of sth »Final payment of the balance must be made at least 60 days prior to closing the account.… …

    Financial and business terms

  • 33down payment — I noun collateral, deposit, installment, payment, retainer, stake, surety II index deposit, handsel, installment Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 34Minimum Down Payment — The minimum cash contribution that must be made by a borrower toward the purchase of a home in order to qualify for a mortgage. The minimum down payment requirements vary by loan program and from lender to lender. Typically, a minimum down… …

    Investment dictionary

  • 35Skip-Payment Mortgage — A mortgage program that allows the borrower to skip (not pay) a mortgage payment. Depending upon the specific lender, there is generally no charge associated with skipping a payment. However, the interest accrued over the skipped payment period… …

    Investment dictionary

  • 36Advance Payment — Any type of payment that is made ahead of its normal schedule, such as paying for a good or service before you actually receive the good or service. Advance payments are sometimes required by sellers as protection against non payment. Some… …

    Investment dictionary

  • 37Balloon Payment — An oversized payment due at the end of a mortgage, commercial loan or other amortized loan. Because the entire loan amount is not amortized over the life of the loan, the remaining balance is due as a final repayment to the lender. Balloon… …

    Investment dictionary

  • 38Level Payment Mortgage — A type of mortgage that requires the same dollar payment each month or payment period. Level payment mortgages allow borrowers to know exactly how much they will have to pay on their mortgages each pay period. This stability makes it easier for… …

    Investment dictionary

  • 39declaration of expenditure for payment of the balance — likučio išmokėjimo išlaidų deklaracija statusas Aprobuotas sritis Politika apibrėžtis Europos Komisijos 2008 m. kovo 5 d. sprendimo Nr. 2008/456/EB nustatyti Europos Parlamento ir Tarybos sprendimo 574/2007/EB dėl Išorės sienų fondo 2007–2013 m.… …

    Lithuanian dictionary (lietuvių žodynas)

  • 40unpaid balance — /ʌnˌpeɪd bæləns/ noun a balance of a loan or invoice which still has to be paid after a part payment or instalment payment has been made …

    Dictionary of banking and finance