0 a method of paying for something in which the buyer pays part of the cost immediately and then makes small regular payments until the debt is completely paid
Another supporter sold him a luxury bus on an installment plan.
Employing an innovative sales technique, he sold them on the installment plan.
Some customers opted for being on the installment plan, which was a growing trend then.
An alternative scheme involves the bank reselling the property according to an installment plan, at a price higher than the original price.
The owners would accept future payments on the installment plan.
Dad comes up with an installment plan to pay for them.
One way was to extend the term on the installment plan.
Some sources credit him with inventing the installment plan for buying furniture.