installment payment; hire-purchase
Refers to paying for something in multiple installments over time, rather than in a lump sum. Common in consumer finance and retail contexts.
この冷蔵庫は分割払いで買えます。
You can buy this refrigerator in installments.
How much is the installment payment fee?
I paid for the new computer in installments.
I decided to pay for the furniture by installments.
I chose the installment payment option at the checkout.