Installment payments

Installment payments

Distribution of plan assets to beneficiaries based upon a regular schedule.

Installment Payments

A series of payments that a buyer makes instead of a lump sum to compensate the seller. Installment payments often, but do not always, include interest to pay the seller for accepting the credit risk that the buyer will not make payments in a timely manner. Installment payments can have tax advantages for the seller. Most importantly, they make expensive goods and services available to buyers who would not otherwise be able to afford them. See also: Credit sale.
References in periodicals archive ?
In enacting and implementing the Maceda Law, the government seeks to protect buyers of real estate on installment payments against onerous and oppressive conditions.
Almonty has so far made installment payments to date of EUR 1.
We are proud to announce our tie-up with FGB, allowing customers to settle cargo services in easy installment payments using their FGB credit cards, LBC Vice President for the Middle East Mark Agalo-os said.
In addition, the court held that installment payments he received in 2010 before he expatriated were not excluded from his income under the United States-Germany tax treaty.
PayItSimple enables both ecommerce and brick & mortar merchants to offer interest-free monthly installment payments to their customers at the point of sale.
Installment payment by SMS For the first time in Germany, customers can accept installment payments conveniently by short message and pay off in three monthly installments.
That means the installment payments are every 34 days, except the last payment happens on day 180, which is 33 days after the 5th installment payment," the official said in an email, asking not to be named.
The newly introduced system allows purchases to pay no initial payments, and discounts are available for installment payments, making the costs of purchasing some phone types effectively zero.
In the latter case, the State Board of Equalization held that the gain realized by the receipt of the installment payments was taxable by California; the interest received was not.
Taxpayers who cannot make installment payments of estimated tax required to be made on Sept.
After they received the first payment, they divorced; the settlement provided each spouse with one-half of the remaining installment payments.
These regulations are effective for installment payments after August 23, 1999.