installment plan noun
: a way of paying for something by making a series of small payments over a long time
: a system of paying for goods by installments
Examples of INSTALLMENT PLAN
- We used an installment plan to buy the furniture.
- We bought it on the installment plan.
First Known Use of INSTALLMENT PLAN
Learn More About INSTALLMENT PLAN
Seen & Heard
What made you want to look up installment plan? Please tell us where you read or heard it (including the quote, if possible).