Installment note

This article relies on a single source. 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 (June 2025) (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.

References

This finance-related article is a stub. You can help Wikipedia by adding missing information.

• v
• t
• e