Installment vs Reimbursement - What's the difference?
installment | reimbursement |
The act of installing; installation.
(obsolete) The seat in which one is placed.
A portion of a debt, or sum of money, which is divided into portions that are made payable at different times. Payment by installment is payment by parts at different times, the amounts and times (often equal namely regular, e.g. mensual) being often definitely stipulated.
a part of a broadcast or published serial.
anything that is performed in parts, spread in time
As nouns the difference between installment and reimbursement
is that installment is the act of installing; installation while reimbursement is the act of compensating someone for an expense.installment
English
Alternative forms
* instalment (Commonwealth)Etymology 1
From install, itself from (etyl) installer, from installare, from (etyl) in- + ML stallum 'stall' (from Germanic stal, see below)Noun
(en noun)- Take oaths from all kings and magistrates at their installment , to do impartial justice by law. Milton.
- The several chairs of order, look, you scour; . . . Each fair installment , coat, and several crest With loyal blazon, evermore be blest. Shakespeare.
