What is another word for time payments?
Pronunciation: [tˈa͡ɪm pˈe͡ɪmənts] (IPA) 
Time payments refer to a payment arrangement where the buyer of a product or service agrees to pay a specific amount over an agreed period of time. Synonyms for time payments include installments, deferred payments, scheduled payments, payment plan, and financing. Installments are payments made on a regular basis over a period of time until the total amount owed is paid. Deferred payments are payments that are postponed until a later date. Scheduled payments are payments set at specific dates. Payment plans are arrangements between the buyer and seller where the buyer pays a fixed amount at regular intervals. Financing involves borrowing money to pay for the product or service, with payments typically made over a fixed period.
