bonus payment arrangement; lump-sum payment from bonus
A payment plan for loans or credit cards where an extra or lump-sum payment is made when the borrower receives a seasonal bonus. Common in Japan for large purchases.
I plan to buy a car using a bonus payment arrangement.
I set up the new TV to be paid off with a bonus payment.
Can I make bonus payments on this loan?
I decided to use the bonus payment option for my car loan.
I bought a refrigerator using a bonus payment plan.
Compound of ボーナス (bonus) and 払い (payment), literally 'bonus payment'.