hangout

Remaining balance of a loan when the term of a loan is beyond the term of the Lease. For example a lender offers a 30-year loan on property that is leased to Big Buy Foods for the next 25 years. In 25 years the loan balance will be $100,000, which is the hangout. The lender estimates that the land value in 25 years will greatly exceed $100,000, so concern for the hangout is minimized.

The remaining balance of a loan when the Term of the loan is beyond the term of a Lease.
Example: A lender offers a 30-year loan on property that is leased to Big Buy Foods for the next 25 years. In 25 years the loan balance will be $100,000, which is the hangout. The lender estimates that the land value in 25 years will greatly exceed $100,000, so concern for the hangout is minimized.

noun

A frequently visited place: haunt, rendezvous, resort, stamping ground. See place, repetition.

The noun has one meaning:

Meaning #1: a frequently visited place
  Synonyms: haunt, resort, repair, stamping ground