A promissory note that by its terms is payable in periodic installments, such as monthly or quarterly payments of principal or interest or both.
A note which provides for a series of periodic payments of principal and interest, until amount borrowed is paid in full. This periodic reduction of principal amortizes the loan.
A loan that is to be repaid in equal installments (usually due either monthly or quarterly over a set period of time, often between three and five years). Special conditions may be built into the installment loan contract, such as paying interest only for the first six months or year.
A note which provides for periodic payments on the dates specified in the instrument.
A loan providing for payment of the principal in two or more installments.
A promissory note providing for repayment of the principal in two or more payments.
A note, which specifies how mortgage payments, will be made, when they will be due, and for what amount.
a note which provides that payments of a certain sum or amount be paid in more than one payment on the dates specified in the instrument.
A Promissory Note providing for payment of the principal in two or more certain amounts at different stated times.
A promissory note calling for periodic payments.
A promissory note with payments of principal and interest made at designated intervals.
A note which states that payments of a certain sum/amount are to be paid on the dates specified in the note.