Transcription
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- US Pronunciation
- US IPA
- UK Pronunciation
- UK IPA
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- [in-stawl-muh nt plan]
- /ɪnˈstɔl mənt plæn/
- /ɪnˈstɔːlmənt plæn/
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- US Pronunciation
- US IPA
-
- [in-stawl-muh nt plan]
- /ɪnˈstɔl mənt plæn/
Definitions of installment plan words
- noun installment plan a system for paying for an item in fixed amounts at specified intervals. 1
- noun installment plan finance: payment schedule 1
- countable noun 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. 0
- noun installment plan a system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until the final instalment is paid 0
- noun installment plan a credit system by which debts, as for purchased articles, are paid in installments 0
- noun installment plan An installment plan is a system in which the buyer can take and use goods by paying a percentage of the price as deposit, and pay the remainder due by a series of regular installments. 0
Information block about the term
Origin of installment plan
First appearance:
before 1875 One of the 25% newest English words
First recorded in 1875-80
Historical Comparancy
Parts of speech for Installment plan
noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
installment plan popularity
This term is known only to a narrow circle of people with rare knowledge. Only 29% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.
installment plan usage trend in Literature
This diagram is provided by Google Ngram ViewerSynonyms for installment plan
noun installment plan
- borrowing — Borrowing is the activity of borrowing money.
- layaway plan — a method of purchasing by which the purchaser reserves an article with a down payment and claims it only after paying the full balance.
- consumer credit — Consumer credit is money that is lent to people by organizations such as banks, building societies, and shops so that they can buy things.
See also
Matching words
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