installment /(?)/

in·stall·ment

installment

n.
  1. The act of installing; installation.
    Take oaths from all kings and magistrates at their installment, to do impartial justice by law.
  2. The seat in which one is placed. [Obs.]
    The several chairs of order, look, you scour; . . . Each fair installment, coat, and several crest With loyal blazon, evermore be blest.
  3. A portion of a debt, or sum of money, which is divided into portions that are made payable at different times; that portion of a debt payed back in any one payment; as, the next installment is due January first. Payment by installment is payment by parts at different times, the amounts and times being often definitely stipulated.
  4. a part of a broadcast serial.
  5. a part of a published serial.