installment contract
1installment contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. installment contract …
2installment contract — Type of agreement calling for periodic performances and payments. An installment contract is one which requires or authorizes the delivery of goods in separate lots to be separately accepted, even though the contract contains a clause each… …
3installment contract — Type of agreement calling for periodic performances and payments. An installment contract is one which requires or authorizes the delivery of goods in separate lots to be separately accepted, even though the contract contains a clause each… …
4installment contract — An agreement in which payments of money, delivery of goods, or performance of services are to be made in a series, usually on fixed dates or based on certain actions. A failure to pay (or perform) an installment when due is a breach of… …
5land installment contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
6retail installment contract — n. A contract in which a buyer agrees to pay the seller for some item in installments, along with a finance charge or with the provision that the ultimate price will be higher than if the buyer paid the full price initially. The Essential Law… …
7contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …
8installment — in·stall·ment n: one of the parts into which a debt is divided when payment is made at intervals installment adj Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. installment …
9retail installment contract — Any contract for a retail installment sale between a buyer and seller, entered into or performed which provides for (a) repayment in installments, whether or not such contract contains a title retention provision, and in which the buyer agrees to …
10installment sale — Commercial arrangement by which buyer makes initial down payment and signs a contract for payment of the balance in installments over a period of time. In accounting for such sales, the seller may either account for the profits on basis of each… …
