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hire-purchase vs installment plan

installment plan vs hire-purchase

hire-purchase and installment plan both are nouns.

Word NounAdjectiveVerbAdverb
hire-purchase Yes No No No
installment plan Yes No No No
As nouns, installment plan is a hypernym of hire-purchase; that is, installment plan is a word with a broader meaning than hire-purchase:
  • hire-purchase: installment plan
  • installment plan: a system for paying for goods by installments
Other hypernyms of hire-purchase include installment buying, time plan.
hire-purchase (noun) installment plan (noun)
installment plan a system for paying for goods by installments
Difference between hire-purchase and installment plan

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