English Dictionary |
INSTALLMENT CREDIT
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Dictionary entry overview: What does installment credit mean?
• INSTALLMENT CREDIT (noun)
The noun INSTALLMENT CREDIT has 1 sense:
1. a loan repaid with interest in equal periodic payments
Familiarity information: INSTALLMENT CREDIT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A loan repaid with interest in equal periodic payments
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
installment credit; installment loan
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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"If you reach for the highest of ideals, you shouldn't settle for less than the stars" (Arabic proverb)
"Who seeds wind, shall harvest storm." (Dutch proverb)