Indefinite payment

INDEFINITE PAYMENT, contracts. That which a debtor who owes several debts to a creditor, makes without making an appropriation; (q.v.) in that case the creditor has a right to make such appropriation.

References in periodicals archive ?
If a taxpayer can make installment payments, can afixed amount be arrived at and paid, or must an indefinite payment arrangement be agreed to?
It may decide on short-term payments or indefinite payments until the person's circumstances change.
It may decide on short term payments or indefinite payments until a person's circumstances change.
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