This sum will be paid off in monthly increments over a specific amount of time. (secureloanconsolidation.com)
They are promising to pay the money back in small monthly increments of principal plus interest over a period of years. (investopedia.com)
With a family income policy, rather than a lump sum of money, the death benefit is paid out in monthly increments as a portion of the total death benefit. (policygenius.com)