instalment plan

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Definition of instalment plan in English English dictionary

installment plan
An installment plan is a way of buying goods gradually. You make regular payments to the seller until, after some time, you have paid the full price and the goods belong to you. A credit system by which payment for merchandise is made in installments over a fixed period of time. a system of paying for goods by a series of small regular payments British Equivalent: hire purchase
installment plan
plan to purchase through periodic payments
installment plan
a system for paying for goods by installments
instalment plan
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