noun
monthly installment plan
Refers to a payment method where a purchase is paid off in monthly installments. Often used in contexts like 月掛け払い or 月掛け購入.
この商品は月掛けで購入できます。
This product can be purchased on a monthly installment plan.
月掛け払いの手続きをしました。
I completed the procedure for monthly installment payments.