Installment

[ɪn'stɔ:lmənt] or [ɪn'stɔlmənt]

Definition

(noun.) a part of a published serial.

(noun.) a payment of part of a debt; usually paid at regular intervals.

Inputed by Jeanine--From WordNet

Definition

(n.) The act of installing; installation.

(n.) The seat in which one is placed.

(n.) 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 stipulated.

Inputed by Joanna