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Installment Meaning in English

word

ˌɪnˈstɔɫmənt
in-STAWL-muhnt
ɪnstˈɔːlmənt
in-STAWL-muhnt

Definition

An installment is one of several parts into which a payment or a story is divided, such as a regular payment on a loan or one part of a series (book, show, etc.).

Usage & Nuances

Often used in 'pay in installments' (for money) and 'the next installment' (series/book/game). In finance, it is formal; for stories, neutral. Don't confuse with 'instrument' or 'installation.'

Example Sentences

I paid for my new phone in monthly installments.

basic

You must pay the last installment by Friday.

basic

The story was published in three installments.

basic

Can I pay for this TV in six installments?

natural

The next installment of the series comes out next month.

natural

I completely forgot about my car loan installment this month.

natural