Glossary entry (derived from question below)
German term or phrase:
endfällig
English translation:
payable at term
Added to glossary by
AllegroTrans
Jan 24, 2007 19:49
17 yrs ago
8 viewers *
German term
endfällig
German to English
Bus/Financial
Law: Contract(s)
In relation to a loan agreement, can you please explain what this means? That the interest only needs to be paid once the loan matures?
Die Zinsen sind endfällig.
Thanks in advance.
Die Zinsen sind endfällig.
Thanks in advance.
Proposed translations
(English)
4 +2 | payable at term | AllegroTrans |
3 | balloon payment | Claudia Hraschan |
2 | bullet loan | Jonathan MacKerron |
Proposed translations
+2
3 hrs
Selected
payable at term
It's not a "balloon payment" a balloon payment is where there are regular instalments over a period followed by a large sum at the end of the term (this is quite common in lease/hire agreements for cars) - endfällig means that ALL the interest is payable at the end of the term
4 KudoZ points awarded for this answer.
Comment: "Thanks very much!"
4 mins
bullet loan
proposed by Langenscheidt for Anleihe mit Endfälligkeit
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Note added at 7 mins (2007-01-24 19:56:47 GMT)
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O-Ton Langenscheidt
"bullet =(Bank) Anleihe f ohne laufende Tilgung, endfällige Anleihe f "
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Note added at 7 mins (2007-01-24 19:56:47 GMT)
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O-Ton Langenscheidt
"bullet =(Bank) Anleihe f ohne laufende Tilgung, endfällige Anleihe f "
Peer comment(s):
neutral |
casper (X)
: Bullet loan: Any loan that requires a balloon payment at the end of the term AND anticipates that the loan will be refinanced in order to meet the balloon payment obligation. http://www.investopedia.com/terms/b/bulletloan.asp
10 hrs
|
40 mins
balloon payment
I also found balloon payment and balloon loan in this connection once.
You are write, "endfällig" means that the capital and/or interest is paid at maturity. Often only interest is paid and the capital is repaid at maturity.
You are write, "endfällig" means that the capital and/or interest is paid at maturity. Often only interest is paid and the capital is repaid at maturity.
Reference:
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