time plan
- noun
- He paid for the furniture on a time plan, spreading the cost over twelve months.
Examples
-
Many customers choose the time plan option when buying expensive appliances.
-
The store offers a time plan to make it easier for people to afford big purchases.
-
I signed up for a new time plan yesterday.
-
Have you considered a time plan for your new car?
-
He paid for the furniture on a time plan, spreading the cost over twelve months.
-
Many customers choose the time plan option when buying expensive appliances.
-
The store offers a time plan to make it easier for people to afford big purchases.
Synonyms
A way to pay by making small payments over time
An agreed plan showing when and how much to pay back a loan
To pay for something by small regular payments over time instead of paying all at once
A way to buy something by paying small amounts over time
Antonyms
- Specialized
A single large payment that you get all at once instead of in smaller parts
How Long
- US
Surface Forms
Morphology
The literal combination of 'time' (a span) + 'plan' (a scheme or schedule) would lead learners to expect a timetable or schedule rather than a payment-by-installments system. The financial/installment meaning is specialized and not derivable from the constituent meanings, so a B1 learner who knows the parts would not predict this sense.
Etymology
Time plan comes from the image of a plan spread across time, like a calendar showing when each payment is due. That's why it means 'a way to pay for something by making regular payments over a period of time'.