balloon

We immediately threw out all the little things we had with us, ſuch as biſcuits, apples, &c. and after that one of our oars or wings; but ſtill deſcending, we caſt away the other wing, and then the governail ; having likewiſe had the precaution, for fear of accidents, while the Balloon was filling, partly to looſen and make it go eaſy, I now ſucceeded in attempting to reach without the Car, and unſcrewing the moulinet, with all its apparatus; I likewiſe caſt that into the ſea.

the balloon of St. Paul's Cathedral in London

And all I had to do in return was take a drive up to Ricardo's place on the way home and then a pretty edgy one back to Rondebosch with a balloon of coke sandwiched between two pairs of underpants.

The purpose of the balloon is to reduce the periodic payment required during the life of the financing period.