installment plan noun
plural ∼ plans [count] US : a way of paying for something by making a series of small payments over a long time
▪ We used an installment plan to buy the furniture. ▪ We bought it on the installment plan. —called also (Brit) hire purchase
▪ We used an installment plan to buy the furniture. ▪ We bought it on the installment plan. —called also (Brit) hire purchase
