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Payments for an installment plan are considered as regular, meaning the amount you pay – say, every month – is fixed for the entirety of your contract. Here lies one of the biggest advantages of an installment plan: it is easy to plan ahead and adjust your budget around it. In contrast, your credit card payments may vary. Installment Amount means with respect to any Installment Date, the lesser of (A) the product of (i) $300,000, multiplied by (ii) Holder Pro Rata Amount and (B) the Principal amount under this Debenture as of such Installment Date, as any such Installment Amount may be reduced pursuant to the terms of this Debenture, whether upon conversion, redemption or otherwise, together with, in each case the sum of … Take oaths from all kings and magistrates at their installment , to do impartial justice by law. Milton.

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2. a single portion of something issued in parts at successive times: a magazine serial in six installments. instalment payment definition: one of a series of regular payments of a loan, debt, etc., or the system of making regular…. Learn more. An installment payment is a monetary payment made on a loan that has been disbursed. It is a periodic payment that is typically of a predetermined amount that includes a percentage of interest as well as a percentage of principal.

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A mortgage, for example may be considered a type of installment loan. Definition: An installment note is an obligation or liability that requires the borrower to repay the principal to the lender in a series of periodic payments. In contrast, a lump sum note or balloon loan requires that the borrower repay the entire note principal at a specific date. Installment Debt: An installment debt is a loan that is repaid by the borrower in regular installments.

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also in·stal·ment n.

Each fair installment , coat, and several crest With loyal blazon, evermore be blest. Shakespeare. 1 A sum of money due as one of several equal payments for something, spread over an agreed period of time. ‘the first instalment of a grant for housing’. More example sentences. ‘the … 2021-04-17 Definition: An installment note is an obligation or liability that requires the borrower to repay the principal to the lender in a series of periodic payments.
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In the Rokugani tongue, Ninja (忍者) meaning "one who endures." I slutet av The Legend of Zelda is the first installment of the Zelda series. Need to translate "vara en del av" from Swedish?

Payments for an installment plan are considered as regular, meaning the amount you pay – say, every month – is fixed for the entirety of your contract. Here lies one of the biggest advantages of an installment plan: it is easy to plan ahead and adjust your budget around it.
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If you don't pay a debt you may get a record of non-payment

A Processing Fee of P250 will be charged to your Citi credit card once your Citi PayLite after purchase application is approved. The Converted Monthly Factor Rate  This Afterpay Installment Agreement “Agreement” includes the Final Payment such a claim as a Dispute within the meaning of the arbitration agreement set  Pay as you go (PAYG) instalments is a system for making regular payments you think the instalment amount or rate we have worked out will mean you'll pay  26 Mar 2021 These are to cover tax that you would normally have to pay in a lump sum on April 30 of the following year. Instalments are not paid in advance;  30 Mar 2021 Paying Instalments — Required. According to Kauffeldt, “you have to make instalment payments if you have a tax bill of over $3,000.” This means  An installment agreement can be a low-cost, flexible alternative to a traditional This means that the buyer can exercise all of the rights of ownership, use and  Say we borrow £10m in a lump sum, to be repaid in annual instalments. This means the second year's interest charge will be less than the first, because of the   Since the installments recur or fall due at regular intervals, it is called a recurring deposit. That is the recurring deposit meaning. Different banks may specify  This module also allows you to offer the possibility to pay in installments.

One of a number of successive payments in settlement of a debt. 2. a. A portion of something, such as a publication, Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.