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Sigma KEE - BalloonLoan
BalloonLoan

appearance as argument number 1
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(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 1349-1351
(subclass BalloonLoan Loan) FinancialOntology.kif 1348-1348

appearance as argument number 2
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(termFormat EnglishLanguage BalloonLoan "balloon loan") domainEnglishFormat.kif 2050-2050

antecedent
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(=>
    (and
        (instance ?Loan BalloonLoan)
        (maturityDate ?Loan ?Date)
        (totalBalance ?Loan ?Amount)
        (borrower ?Loan ?Agent))
    (holdsObligation
        (KappaFn ?Payment
            (and
                (date ?Payment ?Date)
                (transactionAmount ?Payment ?Amount)
                (destination ?Payment
                    (CurrencyFn ?Loan)))) ?Agent))
FinancialOntology.kif 1353-1363


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