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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Examples of installment plan in a Sentence
Recent Examples on the Web
Used responsibly, the installment plans increase financial inclusion, according to the Federal Reserve Bank of New York.
—
Cora Lewis, The Christian Science Monitor, 1 Dec. 2023
Fredo Spanos: For nothing ... and, OK, finally getting Stan Kroenke to accept an installment plan for his $1 stadium rent.
—Nick Canepa, San Diego Union-Tribune, 22 Nov. 2023
However, this installment plan might come with an enrollment fee or interest charges.
—Rebecca Safier, wsj.com, 14 Oct. 2023
Parents who tapped their retirement accounts or encountered installment plan fees to cover tuition amid the earnings fiasco may still need to file a claim to recoup those expenses.
—Danielle Douglas-Gabriel, Washington Post, 10 July 2023
See all Example Sentences for installment plan 
Cora Lewis, The Christian Science Monitor, 1 Dec. 2023
Fredo Spanos: For nothing ... and, OK, finally getting Stan Kroenke to accept an installment plan for his $1 stadium rent.
—Nick Canepa, San Diego Union-Tribune, 22 Nov. 2023
However, this installment plan might come with an enrollment fee or interest charges.
—Rebecca Safier, wsj.com, 14 Oct. 2023
Parents who tapped their retirement accounts or encountered installment plan fees to cover tuition amid the earnings fiasco may still need to file a claim to recoup those expenses.
—Danielle Douglas-Gabriel, Washington Post, 10 July 2023
See all Example Sentences for installment plan
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'installment plan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Installment plan.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/installment%20plan. Accessed 20 Sep. 2024.
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