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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Example Sentences
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Recent Examples of installment plan
Currently, more than 50% of sales on our marketplace are made using installment plans.
—
Nikolay Seleznev, Forbes, 19 Dec. 2024
The research also showed that 65 percent of Gen Z decide to use a credit card installment plan before checkout.
—Arthur Zaczkiewicz, WWD, 25 Nov. 2024
Another provision of the law allows beneficiaries to pay for drugs on an installment plan, instead of having to pay a hefty bill over a short period of time.
—Susan Jaffe | Kff Health News, Los Angeles Times, 21 Oct. 2024
Yet Biden’s first year has already shown that overstretch inflicts damage on the installment plan.
—Hal Brands, Foreign Affairs, 18 Jan. 2022
See All Example Sentences for installment plan
Nikolay Seleznev, Forbes, 19 Dec. 2024
The research also showed that 65 percent of Gen Z decide to use a credit card installment plan before checkout.
—Arthur Zaczkiewicz, WWD, 25 Nov. 2024
Another provision of the law allows beneficiaries to pay for drugs on an installment plan, instead of having to pay a hefty bill over a short period of time.
—Susan Jaffe | Kff Health News, Los Angeles Times, 21 Oct. 2024
Yet Biden’s first year has already shown that overstretch inflicts damage on the installment plan.
—Hal Brands, Foreign Affairs, 18 Jan. 2022
See All Example Sentences for installment plan
Cite this Entry
“Installment plan.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/installment%20plan. Accessed 24 Apr. 2025.
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