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Quotes. Forums. What Does "Billed in One Installment" Mean? Traditional Installment Plans. Traditional installment payment plans assume several forms, including a simple One-Installment Plans. One-installment billing plans, on the other hand, involve only a single payment by the Popularity of Installment Definition of installment. (Entry 1 of 2) 1 : one of the parts into which a debt is divided when payment is made at intervals.
one of the portions, usually equal, into which a debt is divided for payment at specified intervals over a fixed period. 2. a portion of something that is issued, broadcast, or published in parts, such as a serial in a magazine. 3. a variant of installation (sense 1) Collins English Dictionary.
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2021-04-21 · An installment is one of the amounts, usually equal, into which a debt is divided for payment at stated intervals over a fixed period. The purchase price is payable by the client in six equal installments . 1 A sum of money due as one of several equal payments for something, spread over an agreed period of time. ‘the first instalment of a grant for housing’. More example sentences. ‘the purchase price is paid in instalments’.
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As a general rule, the Commission grant will be paid in two installments: by way of equivalent to one, two or three months' salary respectively, but as meaning
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Canada is the only English-speaking country outside the U.S. where installment is common; it appears in 21st-century Canadian books and news publications about twice for every three instances of instalment . Find 10 ways to say INSTALLMENT, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.
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A mortgage, for example may be considered a type of installment loan. An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.. The term is most strongly associated with traditional consumer Installment Sale is one of the revenue recognition methods in which the seller allows the buyer to make payment in Installment over the specified period without fully transferring the risk and rewards at the time of sale.
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a. A portion of something, such as a publication, B. CPD installment plan N (US) Define installment.