To plant or establish. … [Read more...]

contracts. A part of a debt due by contract, and agreed to be paid at a time different from that fixed for the, payment of the other part. For example, if I engage to pay you one thousand dollars, in two payments, one on the first clay of January, and the other on the first day of July, each of these payments or obligations to pay will be an installment . 2. In such case each … [Read more...]

civ. law. A clerk in a store an agent. 2. He was so called because he watched over the business with which he was charged; and it is immaterial whether he was employed in making a sale in a store, or whether charged with any other business. Institor appellatus est ex eo, quod negotio gerendo instet; nec multum facit tabernae sit praepositus, an cuilibet alii negotiationi. … [Read more...]

A contract calling for installments or portions of the contract to be completed at certain period of time over the life of a contract. … [Read more...]

Lat. In the civil law. The name of an action given to those who had contracted with an institor (q. v.) to compel the principal to performance. Inst 4, 7, 2; Dig. 14, 3, 1; 8tory, Ag. I 426. … [Read more...]