法律英语单词“installment contract”的读音、释义及例句-英汉汉英法律词典

词汇	installment contract
释义	`1`installment contract`2` "LAW.COM Dictionary": n. an agreement in which payments of money, delivery of goods or performance of services are to be made in a series of payments, deliveries or performances, usually on specific dates or upon certain happenings. One significance is that failure to pay an installment when due is a breach in which damages can be assessed based on the portion which has not been paid, and is an excuse for the other party not to perform further. In many installment contracts, failure to make a payment gives the seller of an article the right to repossess (take it back). See also: anticipatory breach breach consideration contract failure of consideration
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