Definition of «instalment»

An instalment is a payment made in parts, usually over time. It can refer to a series of regular payments towards an obligation or debt, such as monthly mortgage payments or weekly car loan installments. The term can also be used more broadly to describe the delivery or presentation of something in separate portions, for example, a movie released in multiple instalments or a book published in several volumes.

Usage examples

  1. Paying for a new car in monthly instalments.
  2. Signing a contract to receive instalment payments for selling a property.
  3. Paying off a loan in small, regular instalments over a certain period of time.
  4. Splitting a large purchase, such as furniture or home appliances, into several instalments to make it more affordable.
  5. Subscribing to a magazine and receiving instalment issues each month.
  6. Breaking down the cost of a vacation package into monthly instalments.
  7. Buying a new smartphone and paying for it in instalments through a telecommunications provider.
  8. Renting a property and agreeing to pay the rent in monthly instalments rather than a lump sum.
  9. Purchasing an expensive piece of jewelry and opting to pay for it in several instalments with no interest.
  10. Enrolling in a course and paying the tuition fees in equal instalments throughout the semester.

Sentences with «instalment»

  • Kill them All 3 is the latest instalment of this awesome first person survival game. (crazygames.com)
  • Multiple sources have this week begun reporting information on «possible» leaked information regarding the next instalment in the GTA series. (ab-gaming.com)
  • It is now open to the developers to experiment and work on bringing out the latest instalment of the software to supported devices as early as possible. (neowin.net)
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