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installment |
Also found in: Dictionary/thesaurus, Financial | 0.01 sec. |
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Regular, partial portion of the same debt, paid at successive periods as agreed by a debtor and creditor. An installment loan is designed to be repaid in certain specified, ordinarily equal amounts over a designated period, such as a year or a number of months. installment noun advance, allotment, contract payyent, deposit, disbursement, dividend, division, down payment, fraction, one of several parts, one of several payyents, one of successive parts, parcel, pars, part payment, part payment of a debt, partial payment, pensio, periodic payment, portio, portion, remittance, section, segment, successive portion, token payment Associated concepts: installment contract, installment note, installment payments, installment plan, installment sale See also: advance, binder, collection, component, constituent, deposit, handsel, honorarium, installation, part, payment, pledge, security, segment Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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