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1) A repayment schedule for a bond issue where a large number of the bonds come due at a one time (normally at the final maturity date). 2) A final loan payment that is considerably higher than prior payments.
« Back to Glossary Index1) A repayment schedule for a bond issue where a large number of the bonds come due at a one time (normally at the final maturity date). 2) A final loan payment that is considerably higher than prior payments.
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