MLchartDataset catalogue

Installment contract

Term · Law · MLC-T-LAW-002657

An agreement for the purchase of goods or services where the buyer makes periodic payments over a set period, rather than a single lump sum. Title to the goods often remains with the seller until all payments are completed. This type of contract is common for large purchases like real estate or automobiles.

Table 1. Record
IdentifierMLC-T-LAW-002657
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002657",
  "term": "Installment contract",
  "field": "Law",
  "definition": "An agreement for the purchase of goods or services where the buyer makes periodic payments over a set period, rather than a single lump sum. Title to the goods often remains with the seller until all payments are completed. This type of contract is common for large purchases like real estate or automobiles.",
  "url": "https://mlchart.com/terminology/law/installment-contract/"
}

Record 2,586 of 5,445 in Law terminology (MLC-0107). Request the full dataset.