INSTALLMENT PLAN Synonyms: 5 Similar Words

installment plan

noun

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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Example Sentences

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.

Recent Examples of installment plan Revenue for the medical patient-financing industry was $15.3 billion in 2023, according to a report by the research firm IBISWorld, which found that as health care becomes less affordable due to rising premiums and insurance gaps, more patients are turning to medical loans or installment plans. —

Bill Hardekopf, Forbes, 16 Jan. 2025 Currently, more than 50% of sales on our marketplace are made using installment plans. —

Nikolay Seleznev, Forbes, 19 Dec. 2024 Potentially Flexible Repayment Options: Some payday lenders offer options like installment plans or extensions for borrowers struggling to meet repayment deadlines. —

True Tamplin, Forbes, 27 Nov. 2024 The research also showed that 65 percent of Gen Z decide to use a credit card installment plan before checkout. —

Arthur Zaczkiewicz, WWD, 25 Nov. 2024 See all Example Sentences for installment plan

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“Installment plan.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/installment%20plan. Accessed 16 Feb. 2025.

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