noun phrase · neutral
monthly installment
/ˈmʌnθli ɪnˈstɔːlmənt/MONTH·ly·in·STAL·ment
a fixed amount paid every month as part of a larger purchase paid over time
Examples
“They paid for the car through monthly installments.”
“The monthly installment is lower if you choose a longer plan.”
“I budget carefully to cover my monthly installment for the laptop.”
Band 8 sentence
“I bought the laptop with a monthly installment plan to spread the cost over a year.”
Collocations
- pay in monthly installments
- monthly installment plan
Word family
Common mistakes
month installment→monthly installment
monthly instalment (US spelling)→monthly installment (US) / monthly instalment (UK)
Say it for a higher band
5pay each month→6pay by installment→7+monthly installment
Synonyms
monthly payment
Easily confused
pay in installments
“You can pay in installments if you can't afford the full price.”
take out a loan
“She took out a loan to renovate her house.”
Related words
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In Shopping & Money
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