What is the meaning of installment?

installment is the regular, periodic payment that a borrower agrees to make to a lender to repay a debt.

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APABarry Goldsmith. (2010). installment. Retrieved September 20, 2026, from http://smartdefine.org/installment/definitions/1156129
ChicagoBarry Goldsmith. 2010. "installment" http://smartdefine.org/installment/definitions/1156129 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, installment, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/installment/definitions/1156129>.
MLABarry Goldsmith. "installment" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/installment/definitions/1156129>
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