amount of installment

USAGE SUMMARY

The phrase "amount of installment" is correct and usable in written English.
It can be used when discussing the specific sum of money that is paid in each installment of a loan or payment plan. Example: "The amount of installment for the car loan is set at $300 per month."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

If you have some small amount of installment debt -- as dumb as that is to do -- it can help to raise your score a bit.

The New York Times

Once you have begun establishing a credit history, apply for a small amount of installment credit.

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Brunswick, which had taken the full amounts of installment contracts as current income, suddenly found itself coming up short.

Forbes

To make this calculation, you will need to know the amount if your initial investment, amount of monthly installments, annual percentage rate, and the duration of the payment period.

WikiHow

This includes the loan amount, the repayment period, the amount of each repayment installment, the interest rate if any, consequences of non-repayment etc.

Huffington Post

Also, it made more than double the amount of the previous installment Saw VI and is the most successful film in the franchise since Saw IV.

Wikipedia

Learn the Fees Structure: you must make sure that the fees of the course you are getting enrolled is within your budget and will you be able pay all the amount at later stages of installments (if any).

WikiHow

Ideally, the RFID tags utilized in this research are from the initial construction of the building and installment of the objects from supply-chain management, thus reducing the amount of tags needed to be installed at a later date.

Visualization in Engineering

The three automakers had to fund the bulk of a sixty-billion-dollar trust, with G.M. owing the largest amount; its next installment, of $7.6 billion, is due next year.

The New Yorker

Konfio's first product launched in 2014 — a term-loan with fixed installments and a maximum amount of $50,000 (a limit that also sets it apart from its other Mexican peers).

TechCrunch

Verizon and AT&T allow you to pay for the phone upfront or spread it out in installments over a certain amount of time.

Huffington Post

Expert writing Tips

Best practice

When discussing financial agreements or loans, clearly specify the "amount of installment" to avoid ambiguity. State the currency and any applicable taxes or fees to provide a complete picture of the payment obligation.

Common error

Avoid using "amount of installment" when referring to the total loan amount. "Amount of installment" refers specifically to the payment due in each installment period, not the overall loan balance.

Linguistic Context

The phrase "amount of installment" functions as a noun phrase, specifying the monetary value of a single payment within a series. As shown by Ludwig, it is often used in financial or contractual contexts to clarify payment obligations.

Expression frequency: Rare

Frequent in

News & Media

33%

Wiki

33%

Science

34%

Less common in

Formal & Business

0%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "amount of installment" refers to the specific monetary value of a single payment within a series of payments. As Ludwig AI confirms, it's a grammatically correct noun phrase that is used to clarify financial obligations. Although "amount of installment" is not exceedingly common, it is suitable for neutral to professional contexts. Alternatives such as "installment amount", "installment sum", and "installment cost" can be used depending on the nuance you want to convey. Remember to use this phrase when precision about individual payment amounts is crucial, and avoid confusing it with the total loan amount.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

installment sum

Focuses on the total monetary value of an installment.

installment payment amount

Specifies that the amount refers to a payment made in installments.

installment cost

Emphasizes the expense associated with each installment.

installment value

Highlights the worth or monetary significance of an installment.

amount per installment

Reverses the structure to clarify the amount applicable to each individual installment.

individual installment amount

Stresses that the amount applies to a single installment.

installment price

Specifies the price attributed to an installment payment.

scheduled installment payment

Highlights the amount for a payment due as part of a series of scheduled payments.

agreed installment amount

Emphasizes the mutual agreement of both parties on the value of the installment.

periodic installment payment

Highlights the regular, recurring nature of the installment amount.

FAQs

How can I use "amount of installment" in a sentence?

You can use "amount of installment" to specify the monetary value due in a single payment of a series, for example: "The "amount of installment" for the furniture is $200 per month."

What is a good substitute for "amount of installment"?

Alternatives include "installment payment amount", "installment sum", or "installment cost", each emphasizing a slightly different aspect of the installment payment.

Is it better to say "installment amount" or "amount of installment"?

Both "amount of installment" and "installment amount" are acceptable. "Installment amount" is more concise. However, "amount of installment" clearly specifies that you are referring to a specific amount related to an installment.

What information should I include when discussing the "amount of installment"?

When discussing the "amount of installment", provide context such as payment frequency (monthly, quarterly), the total number of installments, and whether the amount includes interest or other fees. For example, "The amount of each monthly installment is $500, including interest."