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EMI

[ɛ-ɛm-aɪ]
nounfemininepl: EMIs
parcela (prestação mensal de empréstimo)
1. Equated Monthly Installment - a fixed payment amount made by a borrower to a lender at a specified date each calendar month
The EMI for my home loan is 15,000 rupees per month.
A EMI do meu empréstimo imobiliário é de 15.000 rúpias por mês.
2. In the context of music: Electric and Musical Industries, a major British record label and music company
The album was released under the EMI label.
O álbum foi lançado sob o rótulo EMI.
Synonyms
installmentmonthly paymentparcela mensal
Antonyms
lump sumpagamento à vista

Regional Variations

Brazil
prestação
commonly used for loan payments
Brazil
parcela
general term for installment payments
Portugal
prestação
standard term for monthly loan payments
General English
EMI/installment
acronym more common in Indian English and financial contexts

Related Idioms & Phrases

pay off an EMI
EMI calculation
monthly EMI commitment
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