# What does balloon loan mean?

#### balloon loan meaning in Law Dictionary

loan with a balloon repayment. It can be at the end or even the beginning of the loan. Its done whenever cash is anticipated ahead in after the mortgage.

#### balloon loan meaning in Business Dictionary

Loan that requires a balloon payment, typically at the end of a loan period but sometimes at the beginning. Balloon loans are arranged usually where a large inflow of cash is expected towards the end of the loan term, such as upon the completion of a contract.