Installment note
Appearance
This is an old revision of this page, as edited by Tony1 (talk | contribs) at 09:04, 24 June 2013 (Tony1 moved page Installment Note to Installment note). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Installment note" – news · newspapers · books · scholar · JSTOR (December 2009) (Learn how and when to remove this message) |
An installment note is a form of promissory note calling for payment of both principal and interest in specified amounts, or specified minimum amounts, at specific time intervals. This periodic reduction of principal amortizes the loan.
This finance-related article is a stub. You can help Wikipedia by expanding it. |