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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
Example
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.
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
