noun

installment

instalment, installment

I pay for my car in monthly installments.

I pay for my car in monthly instalments.

This is the first installment of the series.

This is the first instalment of the series.

pay in installments to pay for something in several parts over time I pay for my car in monthly instalments.

an installment of ((sth.)) one of several parts of a story, series, etc. This is the first instalment of the series.

Synonyms (payment): payment, portion; Synonyms (series): part, episode, chapter

From 'install' + '-ment' (a suffix forming nouns). The idea is of 'installing' or delivering something in parts.

Think of a large payment being 'installed' into your bank account piece by piece.

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