installment sale

Definition of "installment sale"
  1. An asset or business purchasing method allowing payment to the seller over multiple years, spreading the capital gain and its tax over that period instead of accruing it in the sale year
How to use "installment sale" in a sentence
  1. She opted for an installment sale to balance her tax over time while selling her antique collection.
  2. The suitable option for his startup transfer was an installment sale, enabling easier payments and manageable tax implication.
  3. Real estate properties often undergo installment sales, helping both purchasers and sellers manage their financial obligations and tax burdens.

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