Business Terms and Jargon Explained

What is Installment

This is where a payment is not paid all at once. The amount is paid over a period of time broken into instalments (pieces). This means that the amount owed is now on credit and interest may be charged. The instalments may include the interest. E.g. 1000 is paid over 12 months with an interest rate of 10%. The total amount owed is then 1100. This divided by twelve gives 91.66

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

N242A Civil Court form Lien CEO
Adjourn Payer Retail Financial Services
N162 Civil Court form Pre-emption Over the Counter
Kaffirs Aggravating WOWGR
Two-comma BRIC Data breach
Surge Protector Book value Open End Credit
Asset Turnover BYOD Dram
Naira Entrepreneur Zero rated
Ipso facto Re-Enlistment Bonus Bank Reconciliation
Money Supply Economist Per quod
Buy back The Bar Objective
Vatu Dependency Tied loan
Visegrad Countries Money Trail Litas

Term created / updated 2006-05-10 23:36:05

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.