Business, Legal & Accounting Glossary
A repayment schedule for an issue of bonds in which a large number of the bonds come due at the same time, typically the final maturity date. This term applies only to bonds which do not have a sinking fund provision. A balloon maturity can put company cash flow under stress if adequate preparations are not made.
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This glossary post was last updated: 20th November, 2021 | 0 Views.