Entry from US English dictionary
An arrangement for payment by installments.
- Failure to do so can lead to the instalment plan being withdrawn and recovery action being taken through the courts.
- This ‘cash and carry system’ included the refusal to purchase any need with a personal cheque, on credit, or using any type of instalment plan.
- Apparently no mainstream publisher was interested in the ninth volume in his Legends of Ethshar series, so he is offering the book online on a sort of instalment plan.
For editors and proofreaders
Syllabification: in·stall·ment plan
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.