Definition of Installment. Meaning of Installment. Synonyms of Installment
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Definition of Installment
Installment In*stall"ment, n. [Written also instalment.]
1. The act of installing; installation.
Take oaths from all kings and magistrates at their
installment, to do impartial justice by law.
2. The seat in which one is placed. [Obs.]
The several chairs of order, look, you scour; . . .
Each fair installment, coat, and several crest With
loyal blazon, evermore be blest. --Shak.
3. A portion of a debt, or sum of money, which is divided
into portions that are made payable at different times.
Payment by installment is payment by parts at different
times, the amounts and times being often definitely
Meaning of Installment from wikipedia
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