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 --
The company sold its boats on the installment plan, making them among the first powerboats available to the general population.
The airlines had also started offering installment plans to lure new travelers into the air.
Private amortization companies were also established in several cities to facilitate installment plans for insolvent wage earners.
The payment was made through an installment plan.
As early as 1932, he urged his students to avoid buying cars and other luxuries on the installment plan, similar to the modern credit card.
Most of what they have they are paying for on the installment plan.
Some sources credit him with inventing the installment plan for buying furniture.
One way was to extend the term on the installment plan.