installment plan


noun

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

QUIZZES

GEE WHILLIKERS! WAIT TILL YOU SEE THIS WORD OF THE DAY QUIZ!

Do you remember all the words from last week, September 21–27, 2020? Then this quiz should be butyraceous.
Question 1 of 7
What does “yare” mean?

Origin of installment plan

First recorded in 1875–80
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

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