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 a person's circumstances change.
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