What is the opposite of “instalment”?

What is the 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.

Brief Definitions of the Antonym(s)

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.

How are these antonyms different from each other?

• 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.

Good things to know

• 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.