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A-Z Loan Glossary

A4 Amount
B4 Bank
C4 Cost
D4 Debt
E4 Equity
F4 Finance
G4 Grant
H4 Home
I4 Insurance
J4 Joint
K4 Key
L4 Loan
M4 Mortgage
N4 Net
O4 Overdraft
P4 Premium
Q4 Quote
R4 Rate
S4 Secured
T4 Tenant
U4 Unsecured
V4 Variable
W4 Waiver
X4 XD
Y4 Yield
Z4 Zero

A-Z of the Loan Industry's Jargon when Targeting Consumers for Loans
Consumer Loan Packages

Balloon Mortgage

Balloon Mortgage: Usually a short-term fixed rate loan which involves small payments for a certain period of time and one large payment for the remaining amount of the principal at a time specified in the contract. In other words, a mortgage that has a substantial amount of the principal due at maturity.

Expanded List of Definitions "A"

ABI · Acceptance Letter · Access To Medical Records Act 1988 · Accidental Death and Dismemberment · Accidental Death Benefit · Act of God · Actively at Work · Activities of Daily Living · Actuary · ADD · Additional Borrowing · Additional Voluntary Contributions · Adjustable Rate Mortgage (ARM) · Adjuster · Adjustment Interval · ADLs · Advance Underwriting · Advice · AER · AFPC · Age Allowance · Agent · All Risks · Allocation Rate · Alpha · Alternative Dispute Resolution · Amortisation · Amortised Loan · Amount · AMRA · Analyst · Annual Management Fee · Annual Percentage Rate (APR) · Annual Report · Annual Volatility · Annuitant · Annuity · Annuity Certain · Appraisal · Approved Scheme · APR · Arbitrage · Arbitration · Assets · Assignment · Association of British Insurers · AUTIF · Average · Average Annual Return · Aviation Hazard ·