installments certain
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 334 U.S. 602 - United States v. Zazove · 1948Most cited · 252 citing opinions
used in the specialized, technical sense in which it is generally employed in the insurance field—namely, to indicate a guaranty that a designated number of monthly payments shall be forthcoming, where a policy provides an option for equal monthly installments continuing throughout the lifetime of a payee, with the individual installment varying in amount depending on the age of the beneficiary when the policy matures