Installment (noun) Definition, Meaning & Examples

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noun
  1. any of several parts into which a debt or other sum payable is divided for payment at successive fixed times; the scheduled periodic payment made on an installment loan: to pay for furniture in monthly installments.
  2. a single portion of something furnished or issued by parts at successive times: a magazine serial in six installments.
noun
  1. the act of installing.
  2. the fact of being installed; installation.
Installment (noun) Definition, Meaning & Examples

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