installment plan

noun

Definition of installment plan

: a system of paying for goods by installments

Examples of installment plan in a Sentence

We used an installment plan to buy the furniture. We bought it on the installment plan.
Recent Examples on the Web The deal for new and existing customers requires an eligible trade-in, a commitment to an unlimited plan and a 36-month installment plan. Brett Molina, USA TODAY, 16 Sep. 2021 Pro for free if purchased on an installment plan, with an eligible trade-in and on an unlimited plan. Maren Estrada, BGR, 14 Sep. 2021 About thirty-five artists signed up for the plan with the understanding that should a patron decide to purchase the artwork the rental price would be subtracted and payment could be made on an installment plan, the author writes. Jacques Kelly, baltimoresun.com, 4 Sep. 2021 Buy-now-and-pay-later payment plans similar to Sezzle are popular in Australia, and the Minneapolis company was able to draw investment backing for its digital version of installment plan payments easier there. Patrick Kennedy, Star Tribune, 21 May 2021 Farmers and small businesses could pay the tax in installments over 15 years; Pascrell's bill has a seven-year installment plan. Next Avenue, Forbes, 9 Apr. 2021 One of our clients set up an installment plan for the sale of his company. R. Kenner French, Forbes, 25 Feb. 2021 To be eligible, AT&T customers must have an unlimited data plan and stick with the carrier for 30 months on an payment installment plan. Jordan Valinsky, CNN, 15 Oct. 2020 An installment plan, where the security deposit is paid over a period of no less than six months. Sharon Coolidge, Cincinnati.com, 14 Apr. 2020

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.

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First Known Use of installment plan

1876, in the meaning defined above

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Time Traveler for installment plan

Time Traveler

The first known use of installment plan was in 1876

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Dictionary Entries Near installment plan

installment mortgage

installment plan

installment sales insurance

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Statistics for installment plan

Last Updated

30 Sep 2021

Cite this Entry

“Installment plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/installment%20plan. Accessed 19 Oct. 2021.

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More Definitions for installment plan

installment plan

noun

English Language Learners Definition of installment plan

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

More from Merriam-Webster on installment plan

Thesaurus: All synonyms and antonyms for installment plan

Britannica.com: Encyclopedia article about installment plan

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