What is the Opposite(Antonym) of “instalment”?

The Opposite(Antonym) of “instalment”

The antonyms of instalment are lump sum and full payment. The antonyms lump sum and full payment convey a complete or one-time payment, as opposed to a partial or periodic payment.

Explore all Antonyms of “instalment”

• lump sum
• full payment

Definitions and Examples of lump sum, full payment

Learn when and how to use these words with these examples!

lump sum

A complete payment made at once, rather than in instalments.

Example

He received a lump sum of money from his inheritance and decided to invest it in stocks.

full payment

The total amount due for a product or service, paid in one transaction.

Example

She made the full payment for her car loan and was relieved to have no more monthly payments.

Key Differences: lump sum vs full payment

• 1. Lump sum refers to a complete payment made at once, while instalment refers to a partial payment made periodically.
• 2. Full payment refers to the total amount due for a product or service, paid in one transaction, while instalment refers to a payment plan that spreads the cost over time.

Effective Usage of lump sum, full payment

• 1. Financial Planning: Use these antonyms to discuss payment options and budgeting strategies.
• 2. Consumerism: Incorporate these antonyms when making purchases or negotiating contracts.
• 3. Business Transactions: Utilize these antonyms in business transactions such as loans, investments, and contracts.

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Remember this!

The antonyms lump sum and full payment refer to complete or one-time payments, while instalment refers to partial or periodic payments. Use these words to discuss financial planning, consumerism, and business transactions.