Installment

(redirected from installments)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.
Related to installments: scheduled, prioritise, jeopardise, et al, absconding

Installment

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.

References in periodicals archive ?
While installments have been gaining traction in the U.S., they have also been a popular payment option internationally.
First installment property tax bills for tax year 2018 were mailed Jan.
As talk about over the business needs a solid and entrenched installment portal to give secure online cash exchange with confide in commendable installment door?
Likewise, if the contract were cancelled, the buyer may seek reimbursement from the seller the cash surrender value of the payments of the property equivalent to 50 percent of the total payments made, after five years of installments, an additional 5 percent per year but not to exceed 90 percent of the total payments made.
An amount of $500mln, which had been frozen in South Korea, and $400mln, blocked in India, were transferred to the bank for the second phase's fifth and sixth installments respectively.
1, the BDDK banned installment plans for food, gasoline, telecommunications and jewelry purchases and limited installments to a maximum of nine months for all other purchases, in accordance with new credit card regulations.
Gulf Installments expects to open a branch in Dammam during the second quarter of 2014.
Dr Sabah Al Binali, Chairman of Gulf Installments, and Vice Chairman of its operator Gulf Finance said: "We have exceptional expertise within the SME space and through Gulf Installments, we are now able to offer the Saudi business community a wide range of credit solutions.
Dr Sabah Al Binali, chairman of Gulf Installments, and vice-chairman of its operator Gulf Finance, said: "We have exceptional expertise within the SME space and through Gulf Installments, we are now able to offer the Saudi business community a wide range of credit solutions."
In Saudi Arabia, Gulf Installments Company aims to replicate the financial success of SHU's UAE SME financing subsidiary, Gulf Finance Company
The net loans and installments of Kuwaiti banks reached KD 27.7 billion, showed the report by Kuwait's Al-Juman Center for Economic Consultancy.
Installment payments do not have to be equal dollar amounts, and not even fixed amounts (see Contingent Payments below].