Fill in the blank with the most appropriate word. He bought his house on the __________ plan, paying a certain amount of money back to the bank every month.
A
hire
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B
installment
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C
part
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D
piece
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E
share
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Solution
The correct option is A installment People buy a house on 'installment' plan. 'Installment' refers to paying portions of a big sum at regular intervals. In this context, words like hire, part, piece and share do not carry any significance. So, option B is correct.