| / English Dictionary |
INSTALLMENT CREDIT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A loan repaid with interest in equal periodic payments
Synonyms:
installment credit; installment loan
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("installment credit" is a kind of...):
consumer credit (a line of credit extended for personal or household use)
loan (the temporary provision of money (usually at interest))
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