installment buying; hire purchase
A formal term for purchasing goods by paying in installments over time. Common in business and consumer finance contexts.
I bought a refrigerator using installment buying.
Installment buying is available at this store.
分割払い is a more common, everyday term for paying in installments, while 割賦購買 is a formal business term specifically for purchasing goods on an installment plan.
Compound of 割賦 (かっぷ, 'allotment; installment') and 購買 (こうばい, 'purchase'). The term is a Sino-Japanese compound used in formal and business contexts.