Credit for a fixed sum to be repaid in instalments, e.g. for hire purchase.
分期付款信贷,分期付款式赊账
Example sentencesExamples
There was a decidedly speculative element in the growth of instalment credit: present consumption was being financed with anticipated earnings.
He invented the basic tools of modern marketing, including market research and market analysis, pricing policies, parts and service supply to the customer, and instalment credit.