Caladesi Island State Park, just to the north of Clearwater Beach, is one of the Top 10 beaches in the country. The waters are nearly placid, being protected by Honeymoon Island to the north. The white sand is soft and cushy at the water's edge, inviting one to take a dip in the sparkling clear water.
installment plan. noun. Definition of installment plan for English Language Learners. : a way of paying for something by making a series of small payments over a long time.
Installment debt involves paying a certain amount each month over a predetermine period of time. An automobile loan is an installment debt. An interest rate is applied and paid out over say three to five years in most cases. Installment debt payments rarely change as most are fixed rate loans. However, the installment payment can be ignored if there are less than 10 months remaining, boosting borrowing power.