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installment plan

noun
1.
a system for paying for an item in fixed amounts at specified intervals.
Origin of installment plan
1875-1880
First recorded in 1875-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for installment plan
Historical Examples
  • He—he bought a diamond from me this morning—on the installment plan!

    The Cross-Cut

    Courtney Ryley Cooper
  • Most beaver dams are built on the installment plan,—are the result of growth.

    The Spell of the Rockies Enos A. Mills
  • They bought them on the installment plan, and I suppose they do yet.

    The Autobiography of a Thief Hutchins Hapgood
  • We might be able to borrow someor buy them on the installment plan.

    Girl Scouts at Dandelion Camp Lillian Elizabeth Roy
  • I said, "Now, you just trust your aunt Nancy, we will buy it on the installment plan."

    Living Up to Billy Elizabeth Cooper
  • And Pap's got asthma so bad that it's all he can do to draw his breath on the installment plan.

    Green Valley

    Katharine Reynolds
  • Our pickerel was digesting his food Indian fashion, or, so to speak, on the installment plan.

    Fish Stories Henry Abbott
  • "On the installment plan," suggested Hawkins, gravely, and proud of being able to help.

    The American Claimant Mark Twain (Samuel Clemens)
  • After that he painted a picture which he sold on the installment plan--being paid by the purchaser so much a month.

  • Very few letters will sell articles costing as much as fifty dollars unless perhaps the payments are on the installment plan.

British Dictionary definitions for installment plan

installment plan

noun
1.
(US & Canadian) a system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until the final instalment is paid Also called (in Britain and certain other countries) hire-purchase
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for installment

13
18
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