Usually means: Payment plan for expensive purchases.
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We found 32 dictionaries that define the word installment:

General (24 matching dictionaries)
  1. installment: Merriam-Webster.com
  2. installment: Oxford Learner's Dictionaries
  3. installment, installment: American Heritage Dictionary of the English Language
  4. installment: Collins English Dictionary
  5. installment: Vocabulary.com
  6. Installment, installment: Wordnik
  7. installment: Cambridge Advanced Learner's Dictionary
  8. installment: Wiktionary
  9. installment: Webster's New World College Dictionary, 4th Ed.
  10. installment: The Wordsmyth English Dictionary-Thesaurus
  11. installment: Infoplease Dictionary
  12. installment: Dictionary.com
  13. installment: Online Etymology Dictionary
  14. installment: Cambridge Essential American English Dictionary
  15. Installment: Wikipedia, the Free Encyclopedia
  16. Installment: Online Plain Text English Dictionary
  17. installment: Webster's Revised Unabridged, 1913 Edition
  18. installment: Rhymezone
  19. installment: AllWords.com Multi-Lingual Dictionary
  20. installment: Webster's 1828 Dictionary
  21. installment: Free Dictionary
  22. installment: Mnemonic Dictionary
  23. installment: Dictionary/thesaurus

Art (1 matching dictionary)
  1. ODLIS: Online Dictionary of Library and Information Science (No longer online)

Business (5 matching dictionaries)
  1. installment: Webster's New World Law Dictionary
  2. INVESTORWORDS (No longer online)
  3. Glossary of Legal Terms (No longer online)
  4. installment: Legal dictionary
  5. installment: Financial dictionary

Computing (1 matching dictionary)
  1. installment: Encyclopedia

Slang (1 matching dictionary)
  1. installment: Urban Dictionary

(Note: See installments as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  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.
noun:  (banking, finance) One member of a series of portions of a debt or sum of money, which portions may or may not be equated (depending in part on whether the interest rate is fixed or variable), payment of which portions are serially exacted at regularly scheduled intervals toward satisfaction of the total. Payments of installments are generally mensual, quarterly, triannual, biannual, or annual.
noun:  (publishing, media) A part of a published or broadcast serial.
noun:  The act of installing; installation.
noun:  (obsolete) The seat in which one is placed.

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