installment plan

noun

Synonyms of installment plannext
: a system of paying for goods by installments

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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Installment terms Your installment plan can range from as short as three months up to 12 months. — Andreina Rodriguez, CNBC, 1 Dec. 2025 Across Tehran, billboards now advertise installment plans to pay for basic goods. — Arash Azizi, The Atlantic, 10 June 2026 The installment plan scenario, though, raises the stakes considerably. — Christer Holloman, Forbes.com, 19 Mar. 2026 At the time, the city offered businesses a 12-month installment plan to resolve their outstanding taxes. — City News Service, Daily News, 4 Mar. 2026 See All Example Sentences for installment plan

Word History

First Known Use

1876, in the meaning defined above

Time Traveler
The first known use of installment plan was in 1876

Rhymes for installment plan

See All Rhymes for installment plan

Browse Nearby Words

installment mortgage
installment plan
installment sales insurance
See all Nearby Words

Cite this Entry

“Installment plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/installment%20plan. Accessed 7 Jul. 2026.

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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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