ins
tall
ment
Plural
installments
1
a part of a larger sum of money that is paid in a scheduled series of payments over a specified period of time
- She paid the first installment on her new car, with the remaining balance spread over the next two years.
- The loan was structured to be repaid in monthly installments over a period of five years.
- He was relieved to know that he could pay for the expensive course in installments rather than all at once.
- Each installment of the mortgage had to be paid by the first of the month to avoid late fees.
- The artwork was purchased on an installment plan, making it more affordable for the buyer.
2
the act of installing something (as equipment)
Synonyms:
3
one of several parts of a story that is regularly broadcast or published on television or in a newspaper over a period of time
Synonyms:
4
a part of a published serial