instalment payments


instalment payments
Partial payments on account of a larger sum. Payments at fixed intervals until the entire principal and interest on an obligation is satisfied, according to a provision contained in a contract, note, conditional sale contract, chattel mortgage, or trust receipt. Partial payments to be made to a building contractor as the work progresses. Anno: 22 ALR2d 1343.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • instalment judgment — A judgment for a sum to be paid in instalments; a judgment calling for instalment payments, such as a judgment for the payment of alimony at stated periods. United States v Ewing (DC Miss) 19 F2d 378 …   Ballentine's law dictionary

  • instalment — in‧stal‧ment [ɪnˈstɔːlmənt ǁ ˈstɒːl ] , installment noun [countable] FINANCE one of a series of regular payments that are made until all of an agreed amount has been paid: • Some customers prefer to pay by instalments. • This would be the first… …   Financial and business terms

  • instalment payment — ➔ payment * * * instalment payment UK US UK (US installment payment) noun [C or U] ► COMMERCE, FINANCE one of a series of regular payments of a loan, debt, etc., or the system of making regular payments: »There is no extra fee for this type of… …   Financial and business terms

  • instalment plan — UK US UK (US installment plan) noun [C] ► COMMERCE a method of paying for something in which a person pays part of the cost immediately and then makes regular payments until the debt is completely paid: »Another option is working out an… …   Financial and business terms

  • instalment sale — UK US UK (US installment sale) noun [C or U] ► COMMERCE an arrangement where someone sells something and receives part of the cost immediately and then regular payments until the money is completely paid: »An installment sale is a good option for …   Financial and business terms

  • instalment — (US also installment) ► NOUN 1) a sum of money due as one of several payments made over a period of time. 2) one of several parts of something published or broadcast at intervals. ORIGIN Old French estalement, from estaler to fix …   English terms dictionary

  • instalment — /ɪn stɔ:lmənt/ noun a part of a payment which is paid regularly until the total amount is paid ● The first instalment is payable on signature of the agreement. (NOTE: the American spelling is installment) ♦ the final instalment is now due the… …   Marketing dictionary in english

  • instalment — /ɪn stɔ:lmənt/ noun a part of a payment which is paid regularly until the total amount is paid ● The first instalment is payable on signature of the agreement. ♦ the final instalment is now due the last of a series of payments should be paid now… …   Dictionary of banking and finance

  • instalment — UK [ɪnˈstɔːlmənt] / US [ɪnˈstɔlmənt] noun [countable] Word forms instalment : singular instalment plural instalments 1) one of several payments that an amount is divided into, so that you do not have to pay the whole amount at one time When is… …   English dictionary

  • Instalment — An instalment or installment in American English usually refers to either: * An instalment in a television or radio series. See episode * An instalment is also a term used in the Commonwealth to refer to monetary payments when hiring an object.… …   Wikipedia


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