installment

[US]/ɪnˈstɔːlmənt/
[UK]/ɪnˈstɔlmənt/
Frequency: Very High

Translation

n.a part of a payment made at regular intervals; the act of installing something; the process of being formally inducted into a position

Phrases & Collocations

monthly installment

installment plan

installment payment

installment loan

final installment

installment agreement

installment due

installment option

installment credit

installment sales

Example Sentences

she decided to pay for the car in monthly installments.

the loan can be repaid in six equal installments.

he made the first installment of his tuition fee.

they offer a discount for early installment payments.

each installment includes a service fee.

she was relieved to finally complete the last installment.

the installment plan makes it easier to budget.

he missed the deadline for the second installment.

they agreed to a flexible installment schedule.

her payment plan included a low-interest installment option.

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