Definition of “the never-never” - English Dictionary

british dictionary

“the never-never” in British English

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the never-never

uk /ˌnev.əˈnev.ər/ us /ˌnev.ɚˈnev.ɚ/ UK informal
on the never-never

using a system of payment in which part of the cost of something is paid immediately and then small regular payments are made until the debt is reduced to nothing:

I don't like buying things on the never-never because they charge you such a lot in interest.

(Definition of “the never-never” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)