payment vs installment

installment vs payment

payment and installment both are nouns.

Word	Noun	Adjective	Verb	Adverb
payment	Yes	No	No	No
installment	Yes	No	No	No

As nouns, installment is a hyponym of payment; that is, installment is a word with a more specific, narrower meaning than payment:

payment: a sum of money paid or a claim discharged
installment: a payment of part of a debt; usually paid at regular intervals

Other hyponyms of payment include royalty, bonus, incentive, overpayment, underpayment, subscription, regular payment, blood money, recompense, refund, conscience money, support payment, reward, bribe, payoff, residual, benefit, lump sum, final payment, payoff, remission, remitment, remittal, remittance, quittance, repayment, token payment, penalty, pittance, insurance premium, premium, deposit, down payment, satisfaction, credit, deferred payment, cash, immediate payment.

payment (noun)	installment (noun)
the act of paying money	the act of installing something (as equipment)
an act of requiting; returning in kind	a part of a broadcast serial
a sum of money paid or a claim discharged	a part of a published serial
	a payment of part of a debt; usually paid at regular intervals

Difference between payment and installment

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