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   BalloonLoan
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| 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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| 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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