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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
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
Example
The bank will check out the loan installment on the specified date.
Fans of action movies eagerly anticipate the release of the next installment in their favorite franchise.
She deposited the first installment for her car loan to finalize the purchase of her vehicle.
The author hinted at forthcoming revelations in the next installment of the book series.
To prevent repossession, ensure you keep up on your car loan installments.
