installment rate

NOUN
16 LETTERS · STARTS WITH I

installment rate is a valid 16-letter word worth 17 points in Scrabble and 22 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
I1N1S1T1A1L1L1M3E1N1T1R1A1T1E1
1 + 1 + 1 + 1 + 1 + 1 + 1 + 3 + 1 + 1 + 1 + 0 + 1 + 1 + 1 + 1 =17 PTS
DOUBLE WORD → 34TRIPLE WORD → 51
MEANING

What does installment rate mean?

NOUN · 1 SENSE
1

The amount of money paid out per unit time.