installment agreement

installment agreement
An agreement between the IRS and a taxpayer that allows the taxpayer to pay unpaid federal taxes under a monthly payment plan.
Category: Personal Finance & Retirement → Money & Taxes for Retirees
Category: Personal Finance & Retirement → Taxes

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • installment contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. installment contract …   Law dictionary

  • installment contract — Type of agreement calling for periodic performances and payments. An installment contract is one which requires or authorizes the delivery of goods in separate lots to be separately accepted, even though the contract contains a clause each… …   Black's law dictionary

  • installment credit — A *lease agreement in which a *lessee takes ownership of a leased *asset after a specified number of payments. Installment credit is a common means of financing the sale of *consumer goods …   Auditor's dictionary

  • installment contract —    An agreement in which payments of money, delivery of goods, or performance of services are to be made in a series, usually on fixed dates or based on certain actions. A failure to pay (or perform) an installment when due is a breach of… …   Business law dictionary

  • Repurchase agreement — Better known as Repurchase agreements (RPs or repos), a Sale and Repurchase Agreement has a borrower (seller/cash receiver) sell securities for cash to a lender (buyer/cash provider) and agree to repurchase those securities at a later date for… …   Wikipedia

  • retail installment account — An account established by an agreement entered into pursuant to which the buyer promises to pay, in installments, to a retail seller his outstanding balance incurred in retail installment sales, whether or not a security interest in the goods… …   Black's law dictionary

  • recourse agreement — Fin an agreement in an installment plan whereby the retailer repossesses the goods being purchased in the event of the purchaser failing to make regular payments …   The ultimate business dictionary

  • article of agreement — Contractual arrangement used in some states under which a buyer purchases real estate from a seller over a period of time, usually by making periodic installment payments. Title is not conveyed to the buyer until the final payment is made. Also… …   Financial and business terms

  • SIM lock — A SIM lock, simlock, network lock or subsidy lock is a capability built into GSM phones by mobile phone manufacturers. Network providers use this capability to restrict the use of these phones to specific countries and network providers.… …   Wikipedia

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