Definitions for "BALLOON MATURITY"
maturity within a serial issue of securities (usually the last maturity) that contains a disproportionately large percentage of the principal amount of the issue.  The payment of the balloon may be contingent upon or presume some form of refinancing or other event.  Compare:  BULLET; TERM BONDS.   See:  SERIAL BONDS.
A repayment schedule for an issue of bonds in which a large number of the bonds come due at the same time, typically the final maturity date.
A type of repayment schedule used for bond issues in which a large number of the bonds come due at the same time, typically the final maturity date.