Word forms: installmentsregional note: in BRIT, use instalment
1. countable noun
If you pay for something in installments, you pay small sums of money at regular intervals over a period of time, rather than paying the whole amount at once.
Upper-bracket taxpayers who elected to pay their tax increase in installments mustpay the third installment by April 15.
Synonyms: payment, repayment, part payment More Synonyms of installment
2. countable noun
An installment of a story or plan is one of its parts that are published or carried out separately one after the other.
The next installment of this four-part series deals with the impact of the war onthe continent of Africa.
More Synonyms of installment
installment in American English1
(ɪnˈstɔlmənt)
noun
1.
any of the parts of a debt or other sum of money to be paid at regular times over a specified period
2.
any of several parts, as of a serial story, appearing at intervals
Word origin
altered (infl. by install) < estallment < estall, to arrange payments for < OFr estaler, to stop, fix < estal, a halt, place < OHG stal: see stall2
installment in American English2
(ɪnˈstɔlmənt)
noun
an installing or being installed; installation
Word origin
install + -ment
installment in Retail
(ɪnstɔlmənt) or instalment
Word forms: (regular plural) installments
noun
(Retail: Customer accounts)
An installment is one of the amounts, usually equal, into which a debt is divided for payment at stated intervals over a fixed period.
The purchase price is payable by the client in six equal installments.
If you have a good credit rating, we may be able to arrange payment by installments.
An installment is one of the amounts, usually equal, into which a debt is divided for payment atstated intervals over a fixed period.
installment plan, installment sales
Examples of 'installment' in a sentence
installment
Palli, alas, was not present here tonight, having returned to his district after the installment of Lord Dondo in his holy generalship.
Lois McMaster Bujold THE CURSE OF CHALION (2001)
All related terms of 'installment'
instalment
If you pay for something in instalments , you pay small sums of money at regular intervals over a period of time, rather than paying the whole amount at once.
installment plan
An installment plan is a way of buying goods gradually. You make regular payments to the seller until, after some time, you have paid the full price and the goods belong to you.
installment sales
Installment sales are sales where fixed payments will be made regularly over a particular period of time.
instalment plan
a system for purchasing merchandise , such as cars or furniture , in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until the final instalment is paid
hire purchase
Hire purchase is a way of buying goods gradually. You make regular payments until you have paid the full price and the goods belong to you. The abbreviation → HP is often used.