Dictionary.com

installment plan

Save This Word!

noun

a system for paying for an item in fixed amounts at specified intervals.

QUIZZES

QUIZ YOURSELF ON THE 12 TYPES OF VERB TENSES!

Loosen up your grammar muscles because it’s time to test your knowledge on verb tenses!
Question 1 of 6
The verb tenses can be split into which 3 primary categories?

Meet Grammar Coach

Write or paste your essay, email, or story into Grammar Coach and get grammar helpImprove Your Writing

Meet Grammar Coach

Improve Your Writing
Write or paste your essay, email, or story into Grammar Coach and get grammar help

Origin of installment plan

First recorded in 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use installment plan in a sentence

British Dictionary definitions for installment plan

installment plan

esp Canadian instalment plan


noun

US and 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 paidAlso 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
FEEDBACK