Installment - English Dictionary

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Installment - English Dictionary
 




1. The act of installing; installation.
2. The seat in which one is placed.
3. 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.
4. the act of installing something as equipment; "the telephone installation took only a few minutes"

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