instalment payment Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “instalment payment” in the English Dictionary

"instalment payment" in Business English

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instalment paymentnoun [C or U]

UK US installment payment uk   us  
COMMERCE, FINANCE one of a series of regular payments of a loan, debt, etc., or the system of making regular payments: There is no extra fee for this type of installment payment.
(Definition of instalment payment from the Cambridge Business English Dictionary © Cambridge University Press)
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