installment
/ɪnˈstɔl.mənt/ noun C1- One of a series of parts, whether equal or unequal to the other parts of the series, of a given entity or a given process, which part presents or is presented at a particular scheduled interval.
- Any of a series of portions of a debt or sum of money, which portions may or may not be equal in amount (depending in part on whether the interest rate is fixed or variable), and payment of which takes place at regular intervals toward satisfaction of the total. Payments are generally mensual, quarterly, triannual, biannual, or annual.
- A part of a published or broadcast serial.
Plural installments
From the library
Every month, avid readers thronged the streets, eagerly anticipating the latest installment of Charles Dickens's serialized novels.
He utilized the temporal gaps between installments to meticulously gauge public sentiment, effectively transforming solitary composition into a collaborative enterprise.
Ultimately, Dickens's mastery of the installment plan did more than simply boost circulation figures for ambitious publishers.
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