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installment plan

in·stall·ment plan
I i

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [in-stawl-muh nt plan]
    • /ɪnˈstɔl mənt plæn/
    • /ɪnˈstɔːlmənt plæn/
    • US Pronunciation
    • US IPA
    • [in-stawl-muh nt plan]
    • /ɪnˈstɔl mənt plæn/

Definitions of installment plan words

  • noun installment plan a system for paying for an item in fixed amounts at specified intervals. 1
  • noun installment plan finance: payment schedule 1
  • countable noun installment plan An installment plan is a way of buying goods gradually. You make regular payments to the seller until, after some time, you have paid the full price and the goods belong to you. 0
  • noun installment plan a system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until the final instalment is paid 0
  • noun installment plan a credit system by which debts, as for purchased articles, are paid in installments 0
  • noun installment plan An installment plan is a system in which the buyer can take and use goods by paying a percentage of the price as deposit, and pay the remainder due by a series of regular installments. 0
See all 6 definitions of installment plan

Information block about the term

Origin of installment plan

First appearance:

before 1875
One of the 25% newest English words
First recorded in 1875-80

Historical Comparancy

Parts of speech for Installment plan

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Installment plan

installment plan popularity

This term is known only to a narrow circle of people with rare knowledge. Only 29% of English native speakers know the meaning of this word.
According to our data about 73% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

installment plan usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for installment plan

noun installment plan

  • borrowing — Borrowing is the activity of borrowing money.
  • layaway plan — a method of purchasing by which the purchaser reserves an article with a down payment and claims it only after paying the full balance.
  • consumer credit — Consumer credit is money that is lent to people by organizations such as banks, building societies, and shops so that they can buy things.
All 4 Synonyms of installment plan

See also

Matching words

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