installment plan

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

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Recent Examples of installment plan How refunds were applied hurt some, too The CFPB elaborated on the complaints and concerns relating to refund practices for card holders with monthly installment plans. Susan Tompor, Detroit Free Press, 23 Oct. 2024 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. 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. 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. Jasmine Browley, Essence, 14 Jan. 2025 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 20 Mar. 2025.

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