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installment

in·stall·ment / inˈstôlmənt/ (chiefly Brit. in·stal·ment) • n. 1. a sum of money due as one of several equal payments for something, spread over an agreed period of time: the first installment of a grant for housing the purchase price is paid in installments. 2. any of several parts of something that are published, broadcast, or made public in sequence at intervals: filming the final installment in his Vietnam trilogy. 3. the process of installing something; installation: installment will begin early next year.

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"installment." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. 13 Dec. 2017 <http://www.encyclopedia.com>.

"installment." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. (December 13, 2017). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/installment

"installment." The Oxford Pocket Dictionary of Current English. . Retrieved December 13, 2017 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/installment

Installment

INSTALLMENT

Regular, partial portion of the same debt, paid at successive periods as agreed by a debtor and creditor.

An installment loan is designed to be repaid in certain specified, ordinarily equal amounts over a designated period, such as a year or a number of months.

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"Installment." West's Encyclopedia of American Law. . Encyclopedia.com. 13 Dec. 2017 <http://www.encyclopedia.com>.

"Installment." West's Encyclopedia of American Law. . Encyclopedia.com. (December 13, 2017). http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/installment

"Installment." West's Encyclopedia of American Law. . Retrieved December 13, 2017 from Encyclopedia.com: http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/installment