"Payment installments" refers to breaking up the total amount due for a product or service into smaller, more manageable payments that are made over a period of time instead of paying the entire sum upfront.
Full definition
Synonyms for individual words can be found below.
«payment»
«installments»
Sentences with «payment installments»
- Overall, if you can not afford to make the minimum monthly payment on a regular installment agreement, a partial payment installment agreement may be your best option. (taxdebthelp.com)
- Alternatively, you can try to settle the debt for less than you owe through the offer in compromise program or through a partial payment installment agreement. (taxdebthelp.com)
- Or should it try to spread things out in a long - term payment installment plan, or annuity? (xconomy.com)
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