installment rate

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Noun1.installment rate - the amount of money paid out per unit time
charge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5"
References in periodicals archive ?
The Bank has worked at making this process easier than ever before and to eventually help customers pay the lowest interest at the most convenient installment rates for the longest period possible.
Delaney's newest installment rates as highly as his prior work.