The exchange of an asset for a series of payments that occurs over a specific period of time. The seller still has a stake or interest in the assets until all of the payments are made. Also called installment sales, installment plan, installment buying, or installment credit.
Join InvestorWords.com for FREE!
Create a new InvestorWords.com account
Use your Facebook account for faster login
As a member, you can:
View usage examples
Save your favorite terms
Manage your subscriptions
Receive Term of the Day emails
Sign In to InvestorWords.com
Sign in with your Facebook account
While logged in, you can:
URL to this page: http://www.investorwords.com/7981/installment_sale.html
Copyright © 2016 by WebFinance, Inc. ALL RIGHTS RESERVED. Reproduction of all or part of this glossary, in any format, without the written consent of WebFinance, Inc. is prohibited.
Disclaimer and Copyright