instalment sale

instalment sale
instalment sale UK US UK (US installment sale) noun [C or U]
COMMERCE an arrangement where someone sells something and receives part of the cost immediately and then regular payments until the money is completely paid: »

An installment sale is a good option for someone selling property for a gain, where at least one payment is received after the tax year in which the sale is made.

Financial and business terms. 2012.

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Look at other dictionaries:

  • instalment sale — A sale of personal property in which the purchase price is payable in instalments. 47 Am J1st Sales § 830. Usually, although not necessarily, a conditional sale in reference to the security provided by the contract for the payment of the purchase …   Ballentine's law dictionary

  • instalment sale — In the USA, the equivalent of a UK retail sale by hire purchase …   Accounting dictionary

  • instalment sale — The USA equivalent of a UK retail sale by hire purchase …   Big dictionary of business and management

  • instalment payments — Partial payments on account of a larger sum. Payments at fixed intervals until the entire principal and interest on an obligation is satisfied, according to a provision contained in a contract, note, conditional sale contract, chattel mortgage,… …   Ballentine's law dictionary

  • Consumer Credit Act 1974 — United Kingdom Parliament Long title An Act to establish for the protection of consumers a new system, administered by the Director General of Fair Trading, of licensing and other control of traders concerned with the provision of credit, or the …   Wikipedia

  • carrying charges — Charges for interest, insurance, filing fee, and attorney s fee included in a conditional sale or instalment sale contract, chattel mortgage, or trust receipt …   Ballentine's law dictionary

  • finance company — A company engaged in making loans, usually on the security of additional sale contracts, instalment sale contracts, chattel mortgages, or trust receipts …   Ballentine's law dictionary

  • total contract price — The entire amount paid, or agreed to be paid, by the purchaser. The amount of a mortgage assumed by a purchaser of realty on an instalment sale must be excluded from the basis used for determining the proportion of the gain which is taxable in a… …   Ballentine's law dictionary

  • Harry Potter (film series) — Harry Potter Harry Potter: Complete 8 Film C …   Wikipedia

  • Charles Dickens — Dickens redirects here. For other uses, see Dickens (disambiguation). Charles Dickens …   Wikipedia

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