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Bookmark or Share- Installment Definition & Meaning - Merriam-WebsterThe meaning of INSTALLMENT is one of the parts into which a debt is divided when payment is made at intervals.
- Instalment or Installment – What’s the Difference? - GRAMMARISTInstalment and installment are the same words, the only difference being the spelling. The noun referring to something issued or paid at intervals is spelled installment in the U.S. Outside the U.S., it’s spelled with one l—instalment.. Such variations between British and American English might seem small, but they can greatly impact comprehension and clarity, especially in formal contexts.
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