Money and banking / B1

noun · B1

Instalment

in-STORLM-uh-nt/ɪnˈstɔːlmənt/

An instalment is one of several payments: pay in instalments; a monthly instalment. It is also one part of a serial story or podcast. UK spelling is instalment, not installment. Down payment is the first lump; the rest may be instalments. Do not use instalment for a single bill you pay in full.

Meaning

One of several payments for something; also one part of a story published or broadcast over time.

Examples

  • “You can pay for the laptop in twelve monthly instalments.”
  • “The laptop can be paid for in twelve interest-free instalments.”
  • “The final instalment of the documentary airs on Sunday, which is the series sense.”

Good to know

pay in instalments; a monthly instalment. UK spelling: instalment. Series: an episode / instalment. Not a one-off full bill.

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