installment

¹ American  

[in-stawl-muhnt] / ɪnˈstɔl mənt /

especially British, instalment

noun

1. Finance. 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.

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installment ² American  

[in-stawl-muhnt] / ɪnˈstɔl mənt /

Or instalment

noun

1. the act of installing. install.

2. the fact of being installed; install; installation.

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Other Word Forms

• reinstallment noun

Etymology

Origin of installment¹

First recorded in 1770–75; in- ² + obsolete (e)stallment, equivalent to estall “to arrange payment on an installment plan” (perhaps from Anglo-French ) + -ment

Origin of installment²

First recorded in 1580–90; install + -ment

Example Sentences

We shared two panelists’ recommendations in last week’s Roundtable installment, and will feature those of the remaining four next week.

From Barron's

Boyle used him as an amuse-bouche to get us excited to come back for another installment.

From Los Angeles Times

Any past-due payments would be stretched out in 12 installments starting in July.

From The Wall Street Journal

Back payments would be spread among 12 monthly installments beginning in July, rather than in a lump sum, according to a memo sent to suppliers on Valentine’s Day.

From The Wall Street Journal

The boulder chasing Indiana Jones is an iconic scene from 1981's "Raiders of the Lost Ark" -- the first installment of the popular movie franchise about a daring archaeologist.

From Barron's

Related Words

• chapter
• episode
• payment
• portion
• repayment