installment plan


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installment plan

(esp Canadian), instalment plan
US and Canadian 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
References in periodicals archive ?
AT&T Mobile Select plans and Equipment Installment Plans let customers focus on managing their business instead of managing their mobility solutions, said Danessa Lambdin, vice president, AT&T Mobility product management.
After 1915, many personal finance loans enabled debtors to pay off retail installment plan obligations.
INCENTIVE: Linda Norris's paintings can now be bought by collectors on an interest-free installment plan
The interrelated phrases layaway man and installment plan, which have multiple connotations, carry the meaning of "Set No.
He reels off some names of the victims of a program he calls "killing people on the installment plan.
Fortunately, the IRS will allow you to pay the additional taxes on the installment plan.
The result of buying off trouble," she characteristically lectured, is "simply decline on the installment plan.
The installment plan can be extended if they fail to find employment or continue to have low income.
On a comparative basis, quarterly EBITDA benefited from $8 million in equipment installment plan revenue versus $7 million in the second quarter of 2015 and none in 2014.
A one-year installment plan called Woori YG Savings is available with maximum annual interest rate of 2.
This new payment solution allows card holders to split their payments instantly at the merchant counter to a zero per cent installment plan for tenures of their choice as opposed to the current conventional process of cardholders having to call for conversion of their purchases to installments and then wait for the agent to call back for a confirmation.