Meaning of the word "installment plan" in English
What does "installment plan" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
installment plan
US /ɪnˈstɔːlmənt plæn/
UK /ɪnˈstɔːlmənt plæn/
Noun
a system of paying for goods by regular payments over a period of time
Example:
•
She bought the new car on an installment plan.
•
Many customers prefer to pay for expensive items using an installment plan.
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