installment

Definition
The regular periodic payment that a borrower agrees to make to a lender.




installment is ...
... part of the
Lending & Credit subject.


Related Terms

Rule of 78 -  More
standard payment calculation -  More
installment loan -
457 plan, installment sales contract, land contract, inherited IRA, graduated payment mortgage, indirect loan, payment shock


installment appears in these other terms

installment bond


installment appears in the definitions of these other terms on BusinessDictionary.com

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