Topical Terminology > Balloon Lease
1 Definition
Balloon Lease
For Balloon Lease we have a term and definition in Auto Loan.
Balloon Lease (Auto Loan) 
In this type of lease agreement the rentals are low at the inception, higher during the middle period and again low during the end. The residual value in such lease contracts is usually very low.
See more Auto Loan Terms ...
Similar
Browse words that start with:
Browse All Terms by First Letter
Term Search
Looking for more topical resources?
> Feeds
> General Reference
> News Video
> Recipes
> Podcasts
> Tags
We currently have 172,616 terms and definitions across 1,105 topics.
This work is licensed under Creative Commons.
Design by NOWdesign
