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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
1875-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for installment plan
Historical Examples
  • And your Uncle Waterman's started in to pay a few of his debts on the installment plan.

    Otherwise Phyllis Meredith Nicholson
  • He—he bought a diamond from me this morning—on the installment plan!

    The Cross-Cut Courtney Ryley Cooper
  • Almost all the books in the Williams household had been bought of agents and paid for on the installment plan.

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

  • 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
  • One could get all the advantages of such a place by buying a lot or two on the installment plan.

    The Indians' Last Fight Dennis Collins
  • "On the installment plan," suggested Hawkins, gravely, and proud of being able to help.

    The American Claimant Mark Twain (Samuel Clemens)
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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Difficulty index for installment plan

Few English speakers likely know this word

Word Value for installment

13
18
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