Balloon

Technology / Aviation / Balloon: lighter-than-air non-steerable aircraft that is not engine driven. Its rising capability comes from gases or hot air that is used to fill the bag.

Pilot Balloon

Science / Weather / Pilot Balloon: A small balloon whose ascent is used to determine the direction and speed of low level atmospheric winds. Also known as a pibal. MORE

Balloon Mortgage

Business / Taxes / Balloon Mortgage: With a balloon mortgage, you make monthly payments over the mortgage term, which is typically five, seven, or ten years, and a final installment, or balloon payment, that is significantly larger than MORE

Balloon Framed Wall

Business / Construction / Balloon Framed Wall: Framed walls (generally over 10' tall) that run the entire vertical length from the floor sill plate to the roof. This is done to eliminate the need for a gable end truss. MORE

Balloon Interest

Business / Finance / Balloon Interest: In the context of serial bond issues, the elevated coupon rate on bonds with late maturities. MORE

Ballooning

Science / Spiders / Ballooning: Aeronautical dispersal by means of air currents acting on strands of silk. MORE

Balloon Payment

Business / Loan / Balloon Payment: A scheduled payment due at the end of a loan term that is substantially greater than the regular monthly payments. This may be a very large payment. It is designed to occur when the regular payments d MORE

Links
Home
Glossary
Thesaurus