Installment


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Related to Installment: installment method, Installment Sales

Installment

Regular, partial portion of the same debt, paid at successive periods as agreed by a debtor and creditor.

An installment loan is designed to be repaid in certain specified, ordinarily equal amounts over a designated period, such as a year or a number of months.

References in periodicals archive ?
"Visa's installment capabilities are changing the game by allowing issuers to leverage an existing payment account consumers already have and are familiar with, instead of asking them to submit to a credit check, download an app or open another line of credit," said Sam Shrauger, senior vice president, global head of issuer and consumer solutions, Visa.
Taxpayers should note that first installment tax bills will not reflect homeowner, senior citizen or other exemptions, nor will they reflect the impact of successful assessment appeals filed for tax year 2018.
Some business association needs adaptability in their installment preparing and furthermore require secure installment processor for handle touchy data better and the program based charge card preparing is the best choice.
Note, however, that the Maceda Law only protects the transactions and contracts involving the sale or financing of real estate on installment payments, including residential condominium apartments, and not industrial lots, commercial buildings, and sales to tenants under R.A.
The company said it works with a network of lenders with experience in providing installment loans and other financing solutions for personal use.
The educated youth who had embarked upon their business following payment of first installment of this loan had contacted National Bank for securing payment of second installment of loan.
The interest charge is assessed in exchange for the taxpayer's right to pay the tax on the installment sale income over a period of time.
ySTANBUL (CyHAN)- After the Banking Regulation and Supervision Agency (BDDK) limited the number of installments on furniture purchases as of Feb.
Gulf Installments Company (Gulf Installments) is to launch its office in Riyadh during the third quarter of this year.
In Saudi Arabia, Gulf Installments Company aims to replicate the financial success of SHU's UAE SME financing subsidiary, Gulf Finance Company
Although installment sales are used as an estate planning device, their primarily utility is in income tax planning.
If the stated interest rate on an installment sale note is not "fair market" in the eyes of the IRS, the IRS may input a fair interest rate.