installment shipments

Definition of "installment shipments"
  1. A sequence of deliveries allowed under letters of credit, typically occurring within a defined timeframe
How to use "installment shipments" in a sentence
  1. After the contract was signed, the company started the installment shipments over the next six months.
  2. The manufacturer agreed to installment shipments to lower the buyer's storage costs.
  3. The installment shipments were spread over four months to meet the buyer's request.

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