In plain English
Installments are planned partial payments toward money that is owed, due at set times. "Remaining installments" counts how many of those planned payments have not been paid yet.
In context
Here, it reports how many scheduled payments are still left unpaid under the active payment plan.
- Situation
- Reading patient billing, coding, estimates, statements, and payment-plan fields
- What it communicates
- labels how many scheduled payments are still left on the active plan.
Meaning limits
By itself, the term does not state the amount of each payment or the total balance still owed.
Examples
“After the refund lowered the balance, the plan still had six remaining installments.”
“Her account still shows two remaining installments under the current payment plan.”