meaning of installment
1. The act of installing; installation.
2. The seat in which one is placed.
3. A portion of a debt, or sum of money, which is divided into portions that are made payable at different times. Payment by installment is payment by parts at different times, the amounts and times being often definitely stipulated.
4. the act of installing something as equipment; "the telephone installation took only a few
">minutes"
Related Words
installment | installment buying | installment credit | installment debt | installment loan | installment plan | installment rate |
