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Sigma KEE - BalloonLoan
BalloonLoan(balloon loan)

appearance as argument number 1
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(subclass BalloonLoan Loan) FinancialOntology.kif 1446-1446 Balloon loan is a subclass of loan
(documentation BalloonLoan EnglishLanguage "A long_term loan, often a mortgage, that has one large payment (the balloon payment) due upon maturity. Often done when refinancing or a major cash flow event is anticipated.") FinancialOntology.kif 1447-1449 Balloon loan is a subclass of loan

appearance as argument number 2
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(termFormat EnglishLanguage BalloonLoan "balloon loan") domainEnglishFormat.kif 9688-9688
(termFormat ChineseTraditionalLanguage BalloonLoan "氣球貸款") domainEnglishFormat.kif 9689-9689
(termFormat ChineseLanguage BalloonLoan "气球贷款") domainEnglishFormat.kif 9690-9690

antecedent
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(=>
    (and
        (instance ?Loan BalloonLoan)
        (maturityDate ?Loan ?Date)
        (totalBalance ?Loan ?Amount)
        (borrower ?Loan ?Agent))
    (holdsObligation ?Agent
        (exists (?Payment)
            (and
                (date ?Payment ?Date)
                (transactionAmount ?Payment ?Amount)
                (destination ?Payment
                    (CurrencyFn ?Loan))))))
FinancialOntology.kif 1451-1462 If X is an instance of balloon loan, Y is a maturity date of X, Z is a total balance of X, and X is the borrower of W, then W is obliged to perform tasks of type there exists V such that date of V is Y, Z is a transaction amount of V, and V ends up at the currency of X


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