instalment sale
noun[CorU]
UK(USinstallment sale)ukusCOMMERCE
anarrangementwhere someonesellssomething andreceivespartof thecostimmediatelyand thenregularpaymentsuntil themoneyiscompletelypaid:
Aninstallmentsaleis a goodoptionfor someonesellingpropertyfor again, where at least onepaymentisreceivedafter thetaxyearin which thesaleis made.