Dictionary: A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Installment buying

Purchasing a commodity over a period of time. The buyer gains the use of the commodity immediately and then pays for it in periodic payments called installments.


Read Also:

  • Installment-plan

    noun 1. a system for paying for an item in fixed amounts at specified intervals. noun 1. (US & 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 […]

  • Instalment

    [in-stawl-muh nt] /ɪnˈstɔl mənt/ noun 1. any of several parts into which a debt or other sum payable is divided for payment at successive fixed times: to pay for furniture in monthly installments. 2. a single portion of something furnished or issued by parts at successive times: a magazine serial in six installments. [in-stawl-muh nt] […]

  • Instamatic

    [in-stuh-mat-ik] /ˌɪn stəˈmæt ɪk/ Trademark. 1. a brand name for a pocket-size, fixed-focus, snapshot camera. 1962, proprietary name (reg. Eastman Kodak Co., Rochester, N.Y.) for a type of self-loading camera, from instant + automatic.

  • Instances

    [in-stuh ns] /ˈɪn stəns/ noun 1. a case or occurrence of anything: fresh instances of oppression. 2. an example put forth in proof or illustration: to cite a few instances. 3. Law. the institution and prosecution of a case. 4. Archaic. urgency in speech or action. 5. Obsolete. an impelling motive. verb (used with object), […]

Disclaimer: Installment buying definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.