balloon rate


balloon rate
balloon rate - A rate charged for Priority Mail and Parcel Post items that weigh less than 15 pounds and measure more than 84 inches but no more than 108 inches in combined length and girth.

Glossary of postal terms. 2014.

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  • balloon — Ⅰ. balloon UK US /bəˈluːn/ noun [C] FINANCE ► a type of loan that is paid back in regular small payments with a final larger payment: »What we re seeing are interest only, balloon mortgages with no money down. »Only select a balloon over an… …   Financial and business terms

  • Balloon payment mortgage — A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity.Wiedemer, John P, Real Estate Finance, 8th Edition , p 109 110] The final payment is called a balloon payment …   Wikipedia

  • balloon flight — ▪ aviation Introduction  passage through the air of a balloon that contains a buoyant gas, such as helium or heated air, for which reason it is also known as lighter than air free flight. Unmanned balloons have been used to carry meteorological… …   Universalium

  • Balloon Loan — A type of loan which does not fully amortize over its term. Since it is not fully amortized, a balloon payment is required at the end of the term to repay the remaining principal balance of the loan. Balloon loans can be attractive to short term… …   Investment dictionary

  • Balloon (aircraft) — Ballooning redirects here. For the behavior of spiders and other arthropods, see Ballooning (spider). Not to be confused with Airship or Blimp. Balloon …   Wikipedia

  • Balloon Payment — An oversized payment due at the end of a mortgage, commercial loan or other amortized loan. Because the entire loan amount is not amortized over the life of the loan, the remaining balance is due as a final repayment to the lender. Balloon… …   Investment dictionary

  • Balloon Mortgage — A type of short term mortgage. Balloon mortgages require borrowers to make regular payments for a specific interval, then pay off the remaining balance within a relatively short time. Some types of balloon mortgages can be interest only for 10… …   Investment dictionary

  • balloon — balloonlike, adj. /beuh loohn /, n. 1. a bag made of thin rubber or other light material, usually brightly colored, inflated with air or with some lighter than air gas and used as a children s plaything or as a decoration. 2. a bag made of a… …   Universalium

  • balloon — I (New American Roget s College Thesaurus) n. aerostat, blimp; free, sounding, kite, pilot, or dirigible balloon; fire balloon, montgolfier. See aviation. v. i. swell. See convexity. II (Roget s IV) n. Syn. dirigible, aircraft, airship, weather… …   English dictionary for students

  • Balloon helicopter — A balloon helicopter is a toy helicopter comprised of a latex balloon and a plastic propeller. The propeller is driven by the pneumatic action of air escaping from the balloon, traveling through nozzles embedded within the center of the propeller …   Wikipedia


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