Installment | Mean of installment in English Dictionary

/ɪnˈstɑːlmənt/

• Noun
• any one of a series of small payments that you make over a long time until you have paid the total cost of something
1. He just paid the last installment of a $20,000 loan.
2. We are paying for the computer in installments.
3. (US) We are paying on installment.
• any one of several parts of a long book, television program, etc., that are published or shown over a period of time
1. The first installment of the five-part series will appear tonight at ten o'clock.