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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
In addition, Americans tend to purchase new phones via monthly installment plans through carriers and retailers rather than paying the full retail price up front.
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Lisa Eadicicco, CNN, 7 Feb. 2025
In a social media thread, Ukrainian internal affairs adviser Anton Gerashchenko noted how Russia's Federal Tax Service (FTS) had filed claims against the mine of more than $2.24 million and that an installment plan for the payments was set up.
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Michael Gfoeller and David H. Rundell, Newsweek, 16 Jan. 2025
Once this was discovered, Holmes and Price worked out an installment plan to pay the six-figure debt over the course of the year.
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Jasmine Browley, Essence, 14 Jan. 2025
The company's tap-to-pay app will soon support a Buy Now, Pay Later system, allowing customers to create instant installment plans even when shopping offline.
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Julian Chokkattu, WIRED, 22 Jan. 2025
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Word History
First Known Use
1876, in the meaning defined above
Dictionary Entries Near installment plan
Cite this Entry
“Installment plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/installment%20plan. Accessed 14 Feb. 2025.
Kids Definition
installment plan
noun
: a system of paying for goods or services in installments
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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