TOP

Definition of installment noun from the Oxford Advanced American Dictionary

     

    installment

     noun
    noun
    NAmE//ɪnˈstɔlmənt//
     
     
    jump to other results
  1. 1one of a number of payments that are made regularly over a period of time until something has been paid for We paid for the car by/in installments. The final installment on the loan is due next week. The loan can be repaid in 24 monthly installments. They were unable to keep up (= continue to pay regularly) the installments. Thesauruspayment
    • premium
    • contribution
    • subscription
    • repayment
    • deposit
    • installments
    These are all words for an amount of money that you pay or are expected to pay, or for the act of paying.
    • payment an amount of money that you pay or are expected to pay; the act of paying:ten monthly payments of $50 payment in advance
    • premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual:an insurance premium a premium for express delivery
    • contribution a sum of money that you pay regularly, often to your employer or the government, for benefits such as health insurance, a retirement plan, etc:You can increase your monthly contributions to your savings account.
    • subscription an amount of money you pay in advance to receive regular copies of a newspaper or magazine, or to receive a service:a subscription to “Newsweek”
    • repayment money that you pay to a bank, etc. until you have returned all the money that you owe; the act of paying this money:to set up a repayment plan
    • deposit an amount of money that you pay as the first part of a larger payment; money that you put into a bank account:We've put down a 5% deposit on the house. I made a $500 deposit into my checking account.
    • installments one of a number of payments that you make regularly over a period of time until you have paid for something:We paid for the car by/in installments.
    Patterns
    • (a/an) annual/monthly/regular payment/premium/contributions/subscription/deposit/installments
    • payment/repayment in full
    • to pay a premium/a contribution/a subscription fee/a deposit/installments
    • to make (a) payment/deposit
    • to meet/keep up (with) (the) payment(s)/the premiums
  2. 2one of the parts of a story that appears regularly over a period of time in a newspaper, on television, etc. synonym episode

Other results

All matches