International Encyclopedia of Comparative Law Online

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I. Historical Introduction
(2,001 words)

Volume VIII: Specific Contracts | Chapter 4 (1974): Installment Sales

Completed in July 1972

E. Allan Farnsworth

1. Rise of installment selling. – By the latter part of the nineteenth century, the industrial revolution had brought to the rapidly developing nations of Europe and North America an increase in both the supply of and the demand for manufactured goods. In its wake, a practice grew up of selling goods on credit and allowing the buyer to pay in installments while he enjoyed their use. This chapter is concer…

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E. Allan Farnsworth, “I. Historical Introduction”, in: International Encyclopedia of Comparative Law Online, Edited by: U. Drobnig, R. David, H. H. Egawa, R. Graveson, V. Knapp, A. T. Von Mehren, Y. Noda, S. Rozmaryn, V. M. Tschchikvadze, H. Valladão, H. Yntema, K. Zweigert. Consulted online on 23 January 2022 <>
First published online: 2018

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