installment bond

16 LETTERS · STARTS WITH I

installment bond is a valid 16-letter word worth 20 points in Scrabble and 27 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS

I1N1S1T1A1L1L1M3E1N1T1B3O1N1D2

1 + 1 + 1 + 1 + 1 + 1 + 1 + 3 + 1 + 1 + 1 + 0 + 3 + 1 + 1 + 2 =20 PTS

DOUBLE WORD → 40TRIPLE WORD → 60

MEANING

What does installment bond mean?