balloon addendum
n.— «The friend asked her if she was aware of something called a “balloon addendum.” The addendum states that in 40 years, when she is in her 80s, she will have to make one payment for the entire remaining balance, which will by then be $98,000.» —“Slimy loan hits home” by Diane Valden Independent (Columbia, New York) Oct. 3, 2008. (source: Double-Tongued Dictionary)
Further reading
A flashlight emits a steady beam of light. So what’s the flash part of that word about? Also, if you’re a nervous Nellie, you’re skittish and indecisive—both characteristics of an American politician who earned that nickname in the 1920s. And...
A wingnut is a handy, stabilizing piece of hardware. So how did it come to be a pejorative term for those of a particular political persuasion? This is part of a complete episode. Transcript of “Wingnut” Hello, you have A Way with Words. Hi, this is...