balloon payment
nounEtymology
So called because the debt becomes inflated like a balloon as a result of the compound interest accumulating on the large sum.
Definitions
An unusually large payment due at the end of the term of a loan agreement.
The neighborhood
Vish — recursive loop
No curated loop yet for balloon payment. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA