Definitions
There is 1 meaning of the phrase
Installment Rate.
Installment Rate - as a noun
The amount of money paid out per unit time
Synonyms (Exact Relations)
payment raterate of paymentrepayment rateExample Sentences
"The installment rate for the new car loan is 3.5%."
"She signed up for a payment plan with a monthly installment rate of $100."
"The installment rate for the mortgage is fixed at 4.2%."
"They offer a special installment rate for students."
"The store offers a zero-interest installment rate for purchases over $500."