Installment payments

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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 ?
Chalouhi added in a press release that the services are telex transfer, installment payment of commercial transactions, request a Cheque Book, paying installments and financial obligations to AlManar Company, Ministry of Transportation, and the Public Authority for Social Insurance.
Al Wasleh, a subsidiary of the Offtec Holding Group (OHG), a regional provider of innovative technology and loyalty services, said it has signed an agreement with Ayyad Ceramic and Porcelain, to provide installment payment solutions pertaining to the products it offers.
Al-Wasleh, a subsidiary of the OFFTEC Holding Group (OHG), signed an agreement with Ayyad Ceramic and Porcelain, in order to provide installment payment solutions pertaining to the products it offers.
TSX Venture: AII) has made a final installment payment of EUR 300,000 and now owns a 51% interest in the Valtreixal tin-tungsten project located in northwestern Spain, the company said.
Topsnik received the down payment and monthly installment payments as planned, with the buyers making the final monthly installment payment on Sept.
M2 PHARMA-August 6, 2015-Kindred Healthcare's board announces dividend & authorises scheduled installment payment on 7.
These include services such as installment payment by SMS, the direct rebate program SMS service or a requested PIN.
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.
In addition, subscribers can choose their installment payment period among a year, year and a half, and two years, the company said.
Taxpayers submitting requests for periodic-payment OICs must include the first proposed installment payment with their application.
If the amount of unrecaptured IRC section 1250 gain in an installment payment that is properly taken into account after May 6, 1997, and on or before August 23, 1999, is less than the amount that would have been taken into account under this IRC section, the lesser amount is used to determine the amount of unrecaptured IRC section 1250 gain that remains to be taken into account.
What's more, your first installment payment for 1999 will be due on April 15, and the amount you owe will be based on your tax liability for 1998.