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
As Klarna — which is known for its popular buy now, pay later installment plans — prepares for its IPO, the lack of attractiveness of Europe as a place for the best and brightest to work has become a much more prominent fear, Siemiatkowski told CNBC.
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Ryan Browne, CNBC, 3 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
BioLite is bringing its backup power solution to consumers through a Kickstarter crowdfunding campaign that launches today, with discounts for early backers or those who opt to put down a deposit and pay in full through an installment plan later.
—Andrew Liszewski, The Verge, 18 Sep. 2024
Struggles with refunds through BNPL Returns and billing disputes have been particular pain points for shoppers using the installment plans.
—Alina Selyukh, NPR, 22 May 2024
See all Example Sentences for installment plan 
Ryan Browne, CNBC, 3 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
BioLite is bringing its backup power solution to consumers through a Kickstarter crowdfunding campaign that launches today, with discounts for early backers or those who opt to put down a deposit and pay in full through an installment plan later.
—Andrew Liszewski, The Verge, 18 Sep. 2024
Struggles with refunds through BNPL Returns and billing disputes have been particular pain points for shoppers using the installment plans.
—Alina Selyukh, NPR, 22 May 2024
See all Example Sentences for installment plan
Thesaurus Entries Near installment plan
Cite this Entry
“Installment plan.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/installment%20plan. Accessed 21 Dec. 2024.
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