English Dictionary |
INSTALLMENT LOAN
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Dictionary entry overview: What does installment loan mean?
• INSTALLMENT LOAN (noun)
The noun INSTALLMENT LOAN has 1 sense:
1. a loan repaid with interest in equal periodic payments
Familiarity information: INSTALLMENT LOAN 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 loan" 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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