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 ?
In parallel, El Asreya Developments offered a 0% down payment and an instalment plan of up to eight years, along with a 50% discount on maintenance deposit only during the course of the exhibition.
The instalment plan is offered for all aftersales transactions including Vehicle Service, Extension of Warranty and Service Packages, Repair, Body and Paint, Parts and Accessory, and Lifestyle items.
Syed Iftikhar Ul Haq, Head of Consumer Finance, Faysal Bank added, 'We have further enhanced and diversified our instalment plan portfolio by joining hands with SanaSafinaz.
As an added benefit to all Bank Sohar Excel credit card holders, purchases made are also eligible for the bank's Internet Easy Instalment Plan (IEPP) offer.
Home Electronics, in partnership with Credimax, this week announced the availability of a 0% interest instalment plan for customers who wish to spread the cost of their purchases without an extra charge.Customers who make a purchase of BD100 or more using their Credimax card can now pay over six months in easy instalments without paying any interest.
Park Group, which sells vouchers, hampers and other gift products on a 45-week prepaid instalment plan in time for Christmas, said orders were up five per cent this year, while customer numbers were more than one per cent higher at 415,000 and average order value was up four per cent at pounds 417.
Birkenhead-based Park Group, which sells vouchers, hampers and other gift products on a 45-week prepaid instalment plan, said orders were up 5% this year, while customer numbers were more than 1% higher at 415,000 and average order value was up 4% at pounds 417.
Blues persuaded Gijon to agree an instalment plan to lessen the immediate financial burden and their tough stance wore down Gijon, who had been asking for pounds 3.5 million plus pounds 1.3 million in extras.
Quentin Tarantino's action flick Kill Bill is to hit cinema screens on an instalment plan.
Maccarone's move appeared to be in jeopardy last week with Empoli unhappy with Boro's instalment plan.
Customers who choose the latter option will choose from a selection of tablets from Apple, Samsung, or Lenovo and will be able to select an instalment plan that works best for them.
Galaxy S9+ 64 GB can be purchased for EGP 17,300 in cash, or on a six-month installment plan for EGP 3,273 per month, or a nine-month instalment plan for EGP 2,312 per month.