What is another word for installment buying?

Pronunciation: [ɪnstˈɔːlmənt bˈa͡ɪɪŋ] (IPA)

Installment buying is a process that allows consumers to purchase goods and services by making payments over a period of time. Sometimes referred to as "buy now, pay later," installment buying provides flexibility and accessibility to consumers who might not be able to afford a large lump sum payment. It also allows businesses to increase sales and profits by offering payment plans. Synonyms for installment buying include "layaway," "payment plan," "deferred payment," "hire purchase," and "credit installment." Each of these terms refers to a similar concept of purchasing goods or services over time, with the consumer making regular payments until the total amount is paid off.

What are the hypernyms for Installment buying?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Installment buying?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for installment buying?

The concept of installment buying involves purchasing a product or service and paying for it in installments over time. In contrast, the opposite of installment buying is cash purchasing, where buyers pay for goods or services in full at the time of purchase. Another antonym for installment buying is pay-as-you-go, where customers pay for the usage or service they receive as they use it, rather than committing to a fixed payment plan. Additionally, leasing is also an antonym of installment buying, where customers pay for the use of rented goods, rather than owning them through a series of payments over time.

What are the antonyms for Installment buying?

Related words: mortgage installment, installment loans, monthly installment, installment plans, what is a mortgage installment

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