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Definition of: instalment
(in·stôl′mənt) noun
1. A partial payment of a price due; a payment on account.
2. One of several parts of anything furnished at different times; especially a section of a novel or other writing running serially in a magazine, newspaper, etc.
3. The act of installing. Also in·stall′ment. [<obs. estall arrange payments <OF estaler stop <OHG stal seat, place]
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