Noninstalment

Translation of "noninstalment" into Russian

Noun

noninstalment

noninstalments pl

The purchase was made as a noninstalment transaction.

Покупка была совершена как нерассрочная сделка.

Noun

A type of credit or loan that is not paid back in regular installments.

The noninstalment loan required a lump sum repayment at the end of the term.

Adjective

Relating to a loan or form of credit that is repaid in a single lump sum rather than through regular instalments.

Consumers often turn to noninstalment credit for short-term borrowing needs.