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What are staggered payments?

Updated: 9/14/2023
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14y ago

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Staggered Payments, are Part-Payments over a period of time. For eg: A has to pay USD1,00,000.00. Instead of paying the complete amount at one time, he may opt to pay USD10,000/- every month. However, it is important for both the parties to draw a Legal Contract.

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