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What does balloons mean in slang?
Definitions include: to stimulate the anus sexually with one’s tongue.
What is the definition balloon?
(Entry 1 of 3) 1 : a nonporous bag of light material that can be inflated especially with air or gas: such as. a : a bag that is filled with heated air or a gas lighter than air so as to rise and float in the atmosphere and that usually carries a suspended load (such as a gondola with passengers)
Are balloon payments illegal?
A balloon payment provision in a loan is not illegal per se. Federal and state legislatures have enacted various laws designed to protect consumers from being victimized by such a loan.
What is a balloon in real estate?
A balloon payment is a larger-than-usual one-time payment at the end of the loan term. If you have a mortgage with a balloon payment, your payments may be lower in the years before the balloon payment comes due, but you could owe a big amount at the end of the loan.
What do balloons mean spiritually?
Balloons are also symbolic of freedom and independence, and it doesn’t always have to be freedom from our bondages. It could also be the freedom or relief experienced after successfully attaining our goals, in which sense it’d mean freedom from stress.
What drug is used with a balloon?
Nitrous Oxide is a dissociative drug that is usually inhaled from a balloon. Nitrous Oxide has been used recreationally for over 200 years. The gas comes in small metal canisters which are put in a ‘cracker’ or a whipped cream dispenser so the contents can be released into a balloon.
What is balloon loan amount?
Definition: Balloon payment is the lump sum payment which is attached to a loan, mortgage, or a commercial loan. This payment is usually made towards the end of the loan period. Balloon payment is higher than what you might be paying towards the loan on a monthly basis.
What does it mean when a balloon payment is made?
Understanding Balloon Payments. The term “balloon” indicates that the final payment is significantly large. Balloon payments tend to be at least twice the amount of the loan’s previous payments.
What is a balloon loan and what does it mean?
What is a Balloon Loan. A balloon loan is a type of loan that 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.
What is the dictionary definition of a balloon?
English Language Learners Definition of balloon. (Entry 1 of 2) : a thin usually rubber bag that becomes larger when it is filled with air or gas. : a picture or space in a cartoon that contains words that are spoken or thought by a character.
How does a balloon mortgage work and how does it work?
In a different balloon loan set up, there are payments to the principal each month, although they are lower than they would be if the loan fully paid off by the end of the term. If there are payments toward the balance, your mortgage documentation will define the amount of the balloon payment you owe at the end of the term.