tallyman, n. meanings, etymology, pronunciation and more in the Oxford English Dictionary The meaning ofTALLYMANis one who sells goods on the installment plan. A tallyman is aperson who keeps a record or count, often officially or as part of their job, by making tally marks or maintaining a tally system. Historically, this term also referred to a person who sold goods on credit or collected payments from customers in installment system. The term ‘tallyman’ typically refers tosomeone who tracks and verifies amounts or counts, particularly in a business setting, to ensure accurate record-keeping.