Explanation of the difference between installments and instalments with example usage of each in context. Installment definition: 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.. See examples of INSTALLMENT used in a sentence. INSTALLMENT definition: 1. US spelling of instalment 2. one of several parts into which a story, plan, or amount of money…. Learn more. Learn the meaning of installment as a noun in English, with synonyms, pronunciation, and usage examples. Find out the difference between installment and instalment, and how to use them in different contexts.
