installment plan

noun
|Updated on: 6 Jun 2018

Definition of installment plan

: a system of paying for goods by installments

Examples of installment plan in a Sentence

  1. We used an installment plan to buy the furniture.

  2. We bought it on the installment plan.

Recent Examples of installment plan from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'installment plan.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of installment plan

1876

in the meaning defined above

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INSTALLMENT PLAN Defined for English Language Learners

installment plan

Definition of installment plan for English Language Learners

  • : a way of paying for something by making a series of small payments over a long time


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to pay off by making regular payments

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