"Installments" Pronounce,Meaning And Examples

"Installments" Meaning

Installments refer to regular or periodical payments made towards a loan, payment plan, or purchase, often with the intention of paying off the total amount over an extended period of time.

"Installments" Examples

Usage Examples: Installments

#1
"I'm buying a new car and I'll be paying in installments of $500 per month for the next 2 years."

Context: Discussing a payment plan for a car purchase.

#2
"The company is offering a financing option with monthly installments for customers who don't have the full payment upfront."

Context: Promoting a business financing option.

#3
"I'm taking out a loan to fund my education and I'll be paying back in installments over the next 5 years."

Context: Describing how someone is financing their education.

#4
"The construction company is asking for installments of $100,000 to complete the project, with the final payment due in 12 months."

Context: Negotiating the terms of a construction contract.

#5
"The department store is offering a discount for customers who pay in installments, instead of paying the full amount upfront."

Context: Promoting a sales strategy for a department store.

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