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installment plan
noun
: a system of paying for goods by installments
Example Sentences
We used an installment plan to buy the furniture. We bought it on the installment plan.
Recent Examples on the Web To receive this offer, customers will need to trade-in an eligible device and buy a 30-month installment plan. 
Taylor Lyles, The Verge, 29 Jan. 2021 Chong noted the six-month plan is especially suited for people with chronic conditions; an installment plan helps patients pay for services over time in manageable chunks. Steven Aquino, Forbes, 5 July 2022 After studying the business model of Singer, which sold sewing machines and household appliances on a hire-purchase plan (also known as an installment plan), Adisak was confident that there was room for another player. Naazneen Karmali, Forbes, 6 July 2022 Some companies even sold cars on a literal installment plan. Peter Valdes-dapena, CNN, 30 Apr. 2022 Or consider entering into an installment plan with the IRS. Susan Tompor, Detroit Free Press, 11 Apr. 2022 Now his Administration is effectively canceling student debt on the installment plan. The Editorial Board, WSJ, 6 Apr. 2022 Apple is discussing using the in-house technology for the four-installment plan. Mark Gurman, Bloomberg.com, 30 Mar. 2022 But filling up a gas tank on an installment plan just seems too desperate. Washington Post, 23 Mar. 2022 See More
Taylor Lyles, The Verge, 29 Jan. 2021 Chong noted the six-month plan is especially suited for people with chronic conditions; an installment plan helps patients pay for services over time in manageable chunks. Steven Aquino, Forbes, 5 July 2022 After studying the business model of Singer, which sold sewing machines and household appliances on a hire-purchase plan (also known as an installment plan), Adisak was confident that there was room for another player. Naazneen Karmali, Forbes, 6 July 2022 Some companies even sold cars on a literal installment plan. Peter Valdes-dapena, CNN, 30 Apr. 2022 Or consider entering into an installment plan with the IRS. Susan Tompor, Detroit Free Press, 11 Apr. 2022 Now his Administration is effectively canceling student debt on the installment plan. The Editorial Board, WSJ, 6 Apr. 2022 Apple is discussing using the in-house technology for the four-installment plan. Mark Gurman, Bloomberg.com, 30 Mar. 2022 But filling up a gas tank on an installment plan just seems too desperate. Washington Post, 23 Mar. 2022 See More Word History
First Known Use
1876, in the meaning defined above
Time Traveler
The first known use of installment plan was in 1876 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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