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. . 2008.


installment sale
A sale where the purchaser of an asset or business pays the seller over several years. This allows the capital gain, and thus the capital gains tax, to be spread over several years rather than all be in the year of the sale.
Category: Business, LLCs & Corporations → Buying or Selling a Business

Nolo’s Plain-English Law Dictionary. . 2009.


installment sale
n. A contract for the sale of goods such as furniture, in which the purchaser makes periodic payments and the seller retains a security interest in the goods until paid in full.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • 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 — 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 — 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

  • 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

  • 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

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