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Personal Finance Glossary

Back-End Load Balance Transfer Balanced Funds Balanced Mutual Fund Balloon Loan Basic Earnings Basis Point Bellwether Stock Benchmark Beneficiary Bequest Best's Insurance Report Beta Bid Bond Bond Funds Book To Bill Book Value Breadth Business Continuation Plan Buy-Sell Agreement

Balloon Loan A type of loan that is like the traditional fixed-rate or variable-rate loan except that it is due after a specified amount of time has elapsed. When the loan matures, the borrower must pay off the loan (balloon payment) or refinance.

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