single-payment loan


A loan whose principal is due in total with a single payment at maturity.

Use single-payment loan in a sentence

You may want to take out a single-payment loan if you know you will be having some funds coming in soon.

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It was only a single-payment loan, which was cool and that kind of loan was different than other kinds of loans.

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The single-payment loan resulted in the borrower having to make a large payment at the end of the life of the loan.

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single-life annuity Single-Premium Deferred Annuity