An “installment sale” is a contract for sale of goods under which the buyer pays for the purchased goods over a period of time through a set number of installments. Related entries Chance Bargain Insurable Interest Groves v. John Wunder Co. Central Adjustment Bureau, Inc. v. Ingram Agreement to Sell Novation Davis v. Jacoby Curtice Brothers Co. v. Catts Quantum Meruit American Trading & Production Corp. v. Shell International Marine Ltd.