- installment payment loan
- loan which is repaid through several pre-set payments
English contemporary dictionary. 2014.
installment payment loan
Look at other dictionaries:
personal installment payment loan — loan for private consumers in which the fund is repaid by a series of pre set payments … English contemporary dictionary
payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it … Financial and business terms
installment sale — Commercial arrangement by which buyer makes initial down payment and signs a contract for payment of the balance in installments over a period of time. In accounting for such sales, the seller may either account for the profits on basis of each… … Black's law dictionary
installment sale — Commercial arrangement by which buyer makes initial down payment and signs a contract for payment of the balance in installments over a period of time. In accounting for such sales, the seller may either account for the profits on basis of each… … Black's law dictionary
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
Loan — For other uses, see Loan (disambiguation). Finance Financial markets … Wikipedia
Installment loan — An installment loan is a loan that is repaid over time with a set number of regularly scheduled payments. The term of loan may be as little as a few months and as long as 30 years. A mortgage, for example may be considered a type of installment… … Wikipedia
payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… … Black's law dictionary
Installment Note — An installment note is a form of promissory note calling for payment of both principal and interest in specified amounts, or specified minimum amounts, at specific time intervals. This periodic reduction of principal amortizes the loan … Wikipedia
