What is the opposite of "paying by installments"?

Question

What is the opposite of "paying by installments"? I'm looking for the proper financial term for paying in full in a single payment.

Hi @Scruffy, and welcome to EL&U. I've edited your question to clarify what opposite refers to here. If you meant something else by opposite, please feel free to roll back or [edit] further. — Lawrence, Aug 18 '16 at 11:59

score 9 · Accepted Answer · answered Aug 18 '16 at 11:46

9

The opposite of paying by instalments is usually to pay in a lump sum.

Wikipedia says:

A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity).

answered Aug 18 '16 at 11:46

Hugo

67,535

score 3 · Answer 2 · 2016-08-18T11:56:05.057

3

You may use the expression:

to pay in one installment.

Or:

Lump sum payment. n.

A single sum of money that serves as complete payment.

A lump-sum payment is usually taken in lieu of recurring payments distributed over a period of time.

Investopedia

edited Aug 18 '16 at 11:56

answered Aug 18 '16 at 11:43

score 2 · Answer 3 · answered Aug 18 '16 at 13:02

2

If you decide that you don't want to pay by installments, you can "pay in full."

answered Aug 18 '16 at 13:02

cliff900

234

What is the opposite of "paying by installments"?

3 Answers3