as in trust
US
a way of paying for something by making a series of small payments over a long time
We used an installment plan to buy the furniture.
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Recent Examples of installment plan
Similar skepticism emerged when Billboard revealed that more than half of Coachella attendees used installment plans to finance their tickets to the music festival.
—
Cora Lewis, Los Angeles Times, 23 May 2025
The installment plan offers several monthly payment options for customers to choose from.
—Melina Khan, USA Today, 16 May 2025
Limit Use Of Buy-Now-Pay-Later Services BNPL services offer installment plans for online purchases, often with no interest if paid on time.
—True Tamplin, Forbes.com, 30 Apr. 2025
Forty-eight percent of consumers who made their latest impulse purchase with a credit card paid it off in full at the next statement, while 30 percent used installment plans.
—Alexandra Pastore, Footwear News, 3 Sep. 2019
See All Example Sentences for installment plan
Cora Lewis, Los Angeles Times, 23 May 2025
The installment plan offers several monthly payment options for customers to choose from.
—Melina Khan, USA Today, 16 May 2025
Limit Use Of Buy-Now-Pay-Later Services BNPL services offer installment plans for online purchases, often with no interest if paid on time.
—True Tamplin, Forbes.com, 30 Apr. 2025
Forty-eight percent of consumers who made their latest impulse purchase with a credit card paid it off in full at the next statement, while 30 percent used installment plans.
—Alexandra Pastore, Footwear News, 3 Sep. 2019
See All Example Sentences for installment plan
Recent Examples of Synonyms for installment plan
Noun
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The project is administered by Local Media Foundation, tax ID #36‐4427750, a Section 501(c)(3) charitable trust affiliated with Local Media Association.—
Everett Eaton,
jsonline.com,
3 Sep. 2025
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These behaviors model intellectual humility and normalize vulnerability, which builds trust and gives younger employees permission to do the same.—
Ruth Oh Reitmeier,
Forbes.com,
3 Sep. 2025
Noun
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Mid-summer changes to United’s revolving credit facility indicated a switch in strategy, and there was a more aggressive approach in the market following a summit in Iceland between Sir Jim Ratcliffe, chief executive Omar Berrada and director of football Jason Wilcox.—
James McNicholas,
New York Times,
8 Sep. 2025
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Their season might not be officially over – the Angels are not mathematically eliminated with 20 games left – but the final credits are beginning to roll on another box-office bust that will extend their playoff drought to 11 years and mark their 10th straight season with a losing record.—
Mike Digiovanna,
Oc Register,
7 Sep. 2025
Cite this Entry
“Installment plan.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/installment%20plan. Accessed 10 Sep. 2025.
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