Installment example sentences

The loan is repaid either in lump sum or in installments.It is also called fixed installment method because the amount of depreciation remains constant from year to year over the useful life of the asset.For this reason, it is also known reducing installment or diminishing value method.The original installments of SDRs were distributed to member countries according to their quota in the Fund (the quota was broadly related to the country's economic importance as indicated by the value of its international trade).Similarly, when goods are sold on hire purchase, the amount collected in installments is treated as realised.