installment sale — n. A contract in which a consumer purchases an item and receives it at once but pays for it over a period of time in installments. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.… … Law dictionary
installment sale — Commercial arrangement by which buyer makes initial down payment and signs a contract for payment of the balance in installments over a period of time. In accounting for such sales, the seller may either account for the profits on basis of each… … Black's law dictionary
Installment sale — An installment sale is generally a disposition of property where at least 1 payment is to be received after the close of the taxable year in which the disposition occurs. [usc|26|453(b)(1).] USAIf a taxpayer realizes income (e.g., gain) from an… … Wikipedia
Installment sale in the United States — In United States income tax law, an installment sale is generally a disposition of property where at least 1 payment is to be received after the close of the taxable year in which the disposition occurs. [usc|26|453(b)(1).] The term installment… … Wikipedia
Installment Sale — A method of sale that allows for partial deferral of any capital gain to future taxation years. Installment sales require the buyer to make regular payments, or installments, on an annual basis, plus interest if installment payments are to be… … Investment dictionary
Installment sale — The sale of an asset in exchange for a specified series of payments (the installments). The New York Times Financial Glossary … Financial and business terms
installment sale — The sale of an asset in exchange for a specified series of payments (the installments). Bloomberg Financial Dictionary … Financial and business terms
Form 6252: Installment Sale Income — A tax form distributed by the Internal Revenue Service (IRS) that is used to report income from a sale of real or personal property coming from an installment sale. Proceeds from an installment sale can come in later tax years, which are reported … Investment dictionary
Installment Sales Method — Installment Sale MethodThe installment sale method is an alternative to the cash method vs accrual method debate of accounting. The installment sale method allows the taxpayer to defer the inclusion of income until the payments is made in cash or … Wikipedia
installment — in·stall·ment n: one of the parts into which a debt is divided when payment is made at intervals installment adj Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. installment … Law dictionary
