Liability that typically has a fixed interest rate, fixed term, and equal payments amortized over a set number of months, agreed upon by the lender and the borrower prior to disbursement.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). installment debt. Retrieved September 24, 2026, from http://smartdefine.org/installment_debt/definitions/1156133 |
| Chicago | Barry Goldsmith. 2010. "installment debt" http://smartdefine.org/installment_debt/definitions/1156133 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, installment debt, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/installment_debt/definitions/1156133>. |
| MLA | Barry Goldsmith. "installment debt" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/installment_debt/definitions/1156133> |