instalment payment

instalment payment
instalment payment instalment payment payment

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instalment payment UK US UK (US installment payment) noun [C or U]
COMMERCE, FINANCE one of a series of regular payments of a loan, debt, etc., or the system of making regular payments: »

There is no extra fee for this type of installment payment.


Financial and business terms. 2012.

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  • instalment — I. /ɪnˈstɔlmənt / (say in stawlmuhnt) noun 1. any of several parts into which a debt or other sum payable is divided for payment at successive fixed times: to pay for furniture by instalments. 2. a single portion of something provided or issued… …  

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