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How do you use installment in a sentence?

How do you use installment in a sentence?

Installment sentence example

  1. The funded debt was then gradually reduced until the last installment was paid in 1903.
  2. The monthly installment should come well within your budget.

Is it pay by installment or pay in installment?

An instalment (or installment in American English) usually refers to either: A single payment within a staged payment plan of a loan or a hire purchase (installment plan) An episode in a television or radio series.

What does it mean to pay on installment?

any of several parts into which a debt or other sum payable is divided for payment at successive fixed times; the scheduled periodic payment made on an installment loan: to pay for furniture in monthly installments.

What is the synonym of installment?

In this page you can discover 16 synonyms, antonyms, idiomatic expressions, and related words for installment, like: part, instalment, downpayment, episode, contract payment, whole, installation, periodic payment, partial payment, section and portion.

How do you use the word collateral in a sentence?

Collateral in a Sentence 🔉

  1. When Matt was arrested, his mother used her home as collateral for his bail.
  2. Jake used his car title as collateral for a loan.
  3. Since my sister has a habit of keeping my clothes, I now ask for collateral when she wants to borrow something.

Can I pay Installmentally correct?

Installmentally: This “word” is a favourite of many Nigerians, but, sadly, it simply does not exist. You won’t find it any reputable dictionary. The correct thing to say when “installmentally” comes to your mind is in instalments or by instalments.

What is annual Instalment?

Annual Installments means a series of amounts to be paid annually over a predetermined period of years in substantially equal periodic payments, except to the extent any increase in the amount reflects reasonable earnings through the date the amount is paid.

What’s another word for Instalment or portion?

Synonyms, crossword answers and other related words for INSTALMENT OR PORTION [tranche]

What is the opposite of installment?

Opposite of a sum payable as a first installment or pledge on a purchase or contract. forfeiture. loss. relinquishment. surrender.

Is collateral plural or singular?

The plural form of collateral is collaterals.

What do you understand by the word collateral?

The term collateral refers to an asset that a lender accepts as security for a loan. The collateral acts as a form of protection for the lender. That is, if the borrower defaults on their loan payments, the lender can seize the collateral and sell it to recoup some or all of its losses.

What do you mean by payment by installment?

Payment by installment is payment by parts at different times, the amounts and times (often equal namely regular, e.g. mensual) being often definitely stipulated. a part of a broadcast or published serial.

Which is the best definition of the word instalment?

noun. 1 A sum of money due as one of several equal payments for something, spread over an agreed period of time. ‘the first instalment of a grant for housing’. More example sentences. ‘the purchase price is paid in instalments’. ‘In some industrial and construction loans the amount lent may be drawn down by the borrower in instalments

Which is correct ” I will pay in instalments ” or ” can “?

An instalment by definition is part of a series of payments, it is therefore plural: “I will pay in instalments” meaning making a number of agreed payments. You could use the singular if you are referring to one instalment : “I will pay each instalment on the first day of the month”, for instance.

How much money do you pay in instalments?

one of a number of parts into which an amount of money that is owed has been divided. Payments are made regularly until the total amount has been paid back: pay by/in instalments The journal charges a yearly subscription of $1000, which readers can pay in instalments.

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