Business and Personal Finance Dictionary

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• INSTALLMENT - the regular, periodic payment that a borrower agrees to make to a lender to repay a debt.
  
  
• INSTALLMENT ACCOUNT - A type of credit where a consumer signs a contract to repay a fixed amount in equ...
  
  
• INSTALLMENT CONTRACT - A contract for the sale of real estate whereby the purchase price is paid in per...
  
  
• INSTALLMENT CREDIT - A type of credit in which the monthly payment is the same every month and the loan...
  
  
• INSTALLMENT DEBT - Liability that typically has a fixed interest rate, fixed term, and equal payments a...
  
  
• INSTALLMENT LOAN - Borrowed money that is repaid in equal payments, known as installments. A furniture ...
  
  
• INSTALLMENT LOANS - A loan that has a fixed (or closed-end) term (i.e., 36 months) and fixed unchanging...
  
  
• INSTALLMENT METHOD - Tax ACCOUNTING method of reporting GAIN on the sale of an ASSET exchanged for a RE...
  
  
• INSTALLMENT NOTE - In consumer lending, name used to describe a promissory note that calls for mostly r...
  
  
• INSTALLMENT OPTION - An option on an option on an option ...