INSTALLMENT

installation, installing, installment, instalment

(noun) the act of installing something (as equipment); “the telephone installation took only a few minutes”

installment, instalment

(noun) a part of a published serial

episode, installment, instalment

(noun) a part of a broadcast serial

installment

(noun) a payment of part of a debt; usually paid at regular intervals

Source: WordNet® 3.1

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Etymology 1

Noun

installment (plural installments) (American spelling)

One of a series of parts, whether equal or unequal to the other parts of the series, of a given entity or a given process, which part presents or is presented at a particular scheduled interval.

(banking, finance) One member of a series of portions of a debt or sum of money, which portions may or may not be equated (depending in part on whether the interest rate is fixed or variable), payment of which portions are serially exacted at regularly scheduled intervals toward satisfaction of the total. Payments of installments are generally mensual, quarterly, triannual, biannual, or annual.

(publishing, media) A part of a published or broadcast serial.

Usage notes

For this sense in the UK, the OED permits only the spelling instalment. Commonwealth usage varies.

Synonyms

• (portion of a debt)

• (part of a broadcast or published serial): episode, part

Etymology 2

Noun

installment (plural installments) (American spelling)

The act of installing; installation.

(obsolete) The seat in which one is placed.

Synonyms

• investiture, investment

• installation

Source: Wiktionary

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In*stall"ment, n. Etym: [Written also instalment.]

1. The act of installing; installation. Take oaths from all kings and magistrates at their installment, to do impartial justice by law. Milton.

2. The seat in which one is placed. [Obs.] The several chairs of order, look, you scour; . . . Each fair installment, coat, and several crest With loyal blazon, evermore be blest. Shak.

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. Bouvier.

Source: Webster’s Unabridged Dictionary 1913 Edition

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