17/10/17 Installment

Meaning Installment Instalment

  • Installment (in American English)
  • Instalment (in British English)

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.
Example
Upper-bracket taxpayers who elected to pay their tax increase in installments must pay the third installment by April 15.
An installment of a story or plan is one of its parts that are published or carried out separately one after the other.
Example
The next installment of this four-part series deals with the impact of the war on the continent of Africa.

Any of the parts of a debt or other sum of money to be paid at regular times over a specified period
And also:
An installing or being installed; installation.

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