instalment
noun /ɪnˈstɔːlmənt/
/ɪnˈstɔːlmənt/
(especially British English) (North American English usually installment)
- one of a number of payments that are made regularly over a period of time until something has been paid for
- by/in instalments We paid for the car by/in instalments.
- The final instalment on the loan is due next week.
- The loan can be repaid in 24 monthly instalments.
- They were unable to keep up (= continue to pay regularly) the instalments.
Synonyms paymentpayment- premium
- contribution
- subscription
- repayment
- deposit
- instalment
- payment an amount of money that you pay or are expected to pay; the act of paying:
- ten monthly payments of $50
- payment in advance
- premium an amount of money that you pay once or regularly for an insurance policy; an extra payment added to the basic rate; a higher amount of money than usual:
- an insurance premium
- a premium for express delivery
- contribution a sum of money that you pay regularly to your employer or the government in order to pay for benefits such as health insurance, a pension, etc:
- You can increase your monthly contributions to the pension plan.
- subscription an amount of money you pay in advance to receive a service:
- a subscription to Netflix
- repayment (British English) an amount of money that you pay regularly to a bank, etc. until you have returned all the money that you owe; the act of paying this money:
- the repayments on the loan
- deposit an amount of money that you pay as the first part of a larger payment:
- We've put down a 5 per cent deposit on the house.
- instalment one of a number of payments that you make regularly over a period of time until you have paid for something:
- We paid for the car by/in instalments.
- (a/an) annual/monthly/regular payment/premium/contributions/subscription/repayment/deposit/instalment
- payment/repayment in full
- to pay a(n) premium/contribution/subscription/deposit/instalment
- to make a payment/repayment/deposit
- to meet/keep up (with) (the) payment(s)/the premiums/(the) repayment(s)/the instalments
Collocations FinanceFinanceIncome- earn money/cash/(informal) a fortune/the minimum wage/a living wage
- make money/a fortune/(informal) a killing on the stock market
- acquire/inherit/amass wealth/a fortune
- build up funds/savings
- get/receive/leave (somebody) an inheritance/a legacy
- live on a low wage/a fixed income/a pension
- get/receive/draw/collect a pension
- depend/be dependent on (British English) benefits/(North American English) welfare/social security
- spend money/your savings/(informal) a fortune on…
- invest/put your savings in…
- throw away/waste/ (informal) shell out money on…
- lose your money/inheritance/pension
- use up/ (informal) wipe out all your savings
- pay (in) cash
- use/pay by a credit/debit/contactless card
- pay by/make out a/write somebody a/accept a (British English) cheque/(US English) check
- change/exchange money/currency
- give/pay/leave (somebody) a deposit
- have/hold/open/close/freeze a bank account/an account
- credit/debit/pay something into/take money out of your account
- deposit money/funds in your account
- withdraw money/cash/£30 from an ATM, etc.
- (formal) make a deposit/withdrawal
- find/go to/use (especially North American English) an ATM/(British English) a cash machine/dispenser
- be in credit/in debit/in the black/in the red/overdrawn
- use a mobile/an online banking app/platform/service
- manage/handle/plan/run/ (especially British English) sort out your finances
- plan/manage/work out/stick to a budget
- offer/extend credit (to somebody)
- arrange/take out a loan/an overdraft
- pay back/repay money/a loan/a debt
- pay for something in (especially British English) instalments/(North American English usually) installments
- get into debt/financial difficulties
- be short of/ (informal) be strapped for cash
- run out of/owe money
- face/get/ (informal) be landed with a bill for £…
- can’t afford the cost of…/payments/rent
- fall behind with/ (especially North American English) fall behind on the mortgage/repayments/rent
- incur/run up/accumulate debts
- tackle/reduce/settle your debts
Extra ExamplesTopics Moneyc2- She sold the car before she had paid the instalments.
- The amounts are repayable by instalment.
- The next instalment is not due until July.
- The tenants agreed to pay off the arrears in instalments.
- You can pay it in instalments.
- a loan repaid in equal annual instalments
- Repayment is by fixed monthly instalments.
Oxford Collocations Dictionaryadjective- fixed
- equal
- first
- …
- pay
- repay
- become due
- be due
- be payable
- …
- payment
- loan
- plan
- …
- by instalment
- in instalment
- one of the parts of a story that appears regularly over a period of time in a newspaper, on television, etc.
- The ‘Screwtape Letters’ were published in instalments from May to November 1941.
- Now for the second instalment of our exclusive three-part series.
Extra ExamplesTopics TV, radio and newsc2- Dickens completed the last instalment of Martin Chuzzlewit in June of that year.
- the final instalment in the trilogy
Oxford Collocations Dictionaryadjective- first
- second
- etc.
- …
- appear in
- publish (something in)
- instalment in
Word Originmid 18th cent. (denoting the arrangement of payment by instalments): alteration of obsolete estalment (probably by association with installation), from Anglo-Norman French estalement, from Old French estaler ‘to fix’.