Synonyms for

Installment

Verb / ˌɪˈnstɔ:lmʌnt / Another word for installment — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

An installment is a part of a payment that is made over a period of time.

Synonyms & similar words

Synonyms by register

Antonyms

Common collocations

  • make an installment
  • pay an installment
  • monthly installment
  • final installment
  • first installment
  • installment plan
  • installment payment

Word family

verb install

Usage note

An installment refers to a part of a larger amount of money that is paid over a period of time. It is often used in the context of loans or purchases.

Example sentences

  1. I will pay for my new computer in three installments.
  2. My dad is paying for our vacation in monthly installments.
  3. I chose the installment plan because I couldn't afford to pay all at once.
  4. The car dealership allowed us to make a down payment and pay the rest in installments.
  5. The furniture store offers a no-interest installment plan for their customers.

Quotes

  • With a series of small, gradual, and staggered payments, the installment plan can make even the biggest purchases seem manageable. - Jean Chatzky
  • It is always better to pay off your debts in installment instead of lump sum. - Sanjiv Bajaj
  • I'm a big fan of paying off your credit card balance every month. I like to pay in full, but I understand that some people can't do that. If you can't, then at least make the minimum payment and pay it off in installment. - Jean Chatzky

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