A method of paying a debt in several parts at intervals. Payment by instalments is agreed to make the burden of repayment lighter
Found on https://www.encyclo.co.uk/local/20911
Inheritance Tax can be paid in ten annual instalments on certain assets, such as houses, business property and unlisted shares and securities. Find out more about paying Inheritance Tax in instalments. Found on https://www.encyclo.co.uk/local/21743