HomeTermsCompareFinance B Balloon NoteThe definition for B Balloon Note:A note calling for periodic payments which are insufficient to fully amortize the face amount of the note prior to maturity, so that a principal sum known as a "balloon" is due at maturity. Similar MatchesBalloon PaymentBalloon PaymentThe unpaid principal amount of a loan due on a specific date in the future. Usually the amount that must be paid in a lump sum at the end of the term. Click to compare definitions of B Balloon Note Click to view definitions beginning b- |