installment sale

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Installment sale

The sale of an asset in exchange for a specified series of payments (the installments).
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Installment Sale

A sale in which the buyer makes a series of payments instead of a lump sum in order to compensate the seller. The payments in an installment sale 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. An installment sale can have tax advantages for the seller. See also: Credit sale.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

installment sale

A sale in which the buyer is scheduled to make a series of payments over a period of time. An installment sale can offer certain tax advantages; however, the seller may have a lengthy wait before receiving the entire proceeds. Virtually any asset, including securities, may be disposed of through an installment sale.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

installment sale

See installment contract.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
In a related context, the CBE set new protocols for banks operating with companies engaged in the funding of instalment sales.
It stressed that banks must ensure that shops, commercial outlets, companies operating in the field of funding of instalment sales, which provide payment facilities for the purchase of consumer goods, and car companies, must apply the 35% rate when dealing with their customers.
GWC Warranty, a provider of vehicle service contracts sold through automotive dealers, has collaborated with Nicholas Financial, a provider of direct consumer loans and instalment sales contracts from automobile dealers for used cars and light trucks.
Annual growth in instalment sales decreased slightly in March after a significant increase in February.
Financial Federal Corporation is an independent financial services company specialising in financing construction, road transportation and refuse equipment through instalment sales and leasing programmes for dealers, manufacturers and end users nationwide.
Conditional sales (sales where possession of property is transferred but ownership passes only after certain conditions are fulfilled, for example on full payment of the purchase price by the recipient), and instalment sales, (sales where the ownership of the property transfers immediately, but the property is paid for in instalments), are both "sales" for the purposes of the override rule.
Partly because of the need to review recent amendments to the Civil Code of Quebec that indicate that the National Assembly is at last beginning to understand the various ways in which title can be deployed as security, Payette devotes considerable attention in this edition to regimes governing the security trust, instalment sales, the finance lease, and the sale with a right of redemption (nos.
The "Avant-propos" states, modestly, that his aim has been to update the first edition with references to cases, doctrinal sources, and his own research dossiers, as well as to discuss legislative amendments that have more fully integrated the security trust and the instalment sale into the overall logic of secured transactions.