installment
Meanings
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.
Related Words
installments noun
/ɪnˈstɔlmənts/ /ɪnˈstɔləmənts/
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.
""We paid for the new television in monthly installments." "
recommended verb
/ˌɹɛkəˈmɛndɪd/
To bestow commendation on; to represent favourably; to suggest, endorse or encourage as an appropriate choice.
"The board recommends Philips, given his ample experience in similar positions."
installation noun
[ɪnstəˈleɪʃən]