Installment
/ɪnˈstɔːl.mənt/noun
A sum of money due as one of several equal payments for something, spread over a period of time.
Did you know?The word 'installment' has roots in the concept of placing or setting in position, echoing ancient practices of consecrating objects in rituals.
Etymological Timeline
Late Middle English
English
install
“To set in a position or place, often in a formal or ceremonial manner.”
Old French
Old French
instal
“To establish or place in a position.”
Latin
Latin
installāre
“To set up, establish.”
Proto-Indo-European
PIE
*stʰel-
“To put, to place.”
Modern English
English
installment
“The act of installing, particularly in the context of payment plans.”