installment buying

Cultural Dictionary

installment buying definition


Purchasing a commodity over a period of time. The buyer gains the use of the commodity immediately and then pays for it in periodic payments called installments.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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WordNet
installment buying

noun
a system for paying for goods by installments [syn: installment plan
WordNet® 3.0, © 2006 by Princeton University.
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00:10
Installment buying is always a great word to know.
So is lollapalooza. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
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