installment
Pronunciation
/ˌɪnˈstɔɫmənt/
instalment

Definition & Meaning of "installment"in English

Installment
01

a part of a larger sum of money that is paid in a scheduled series of payments over a specified period of time

installment definition and meaning
Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
installments
Examples
She paid the first installment on her new car, with the remaining balance spread over the next two years.
02

the act of installing something (as equipment)

03

one of several parts of a story that is regularly broadcast or published on television or in a newspaper over a period of time

04

a part of a published serial

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