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balloon payments – substantially larger-than-normal principal loan installments paid at prearranged dates, usually at the loan's maturity date.
borrowing base – a collateral base, agreed to by the borrower and lender, which is used to limit the amount of funds the lender will advance to the borrower. The borrowing base specifies the maximum amount that can be borrowed subject to collateral type, eligibility, and advance rates, and is therefore the value assigned by the lender to the collateral provided by the borrower.
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