"instalment plan" is a correct and commonly used term in written English.
It refers to a payment plan where a large sum of money is divided into smaller, regular payments over a certain period of time. Example: "I am unable to pay for the car in full right now, so I have decided to opt for the instalment plan offered by the dealership."
BIDS BANKERS CURB THRIFTLESS BUYING; Sisson Says Instalment Plan for Luxuries Is Growing Menace to Country.
LABOR CHIEF WARNS OF CREDIT BUYING; James M. Lynch Urges Workers to Eliminate Instalment Plan Merchandising.
Apple is also rolling out a monthly instalment plan costing $32 a month in the US.
Archives|BIDS BANKERS CURB THRIFTLESS BUYING; Sisson Says Instalment Plan for Luxuries Is Growing Menace to Country.
Archives|LABOR CHIEF WARNS OF CREDIT BUYING; James M. Lynch Urges Workers to Eliminate Instalment Plan Merchandising.
Over the pine trees, the gulleys and scree, the words PAY NOTHING UNTIL APRIL loom, reminding us that even a view comes on an instalment plan.
Rather, those who cannot pay in one go end up locked into fixed instalment plans.
Requests by parents for deferrals and instalment plans to pay fees are rising even at some of Tokyo's poshest academic institutions.A shortage of money is not the only reason why students are leaving prematurely.
For an evening dress, payments stretch to ten months, interest-free.Lowering the price thresholds for which instalment plans are available, and extending their length, may make sense in a recession.
Officials are failing to mention the minimum amount the taxman would be able to accept to set up instalment plans for outstanding bills when people in arrears call to settle their debts.
Not only is the sum $3 billion dollars in interest and principal rather large by the standards of most instalment plans, but Argentina's president, Nestor Kirchner, is also threatening not to make the payment at all if the Fund does not first promise immediately to send the money back again, part of a lending programme agreed last September.
