NOUN | possession | installment credit, installment loan | a loan repaid with interest in equal periodic payments |
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Meaning | A loan repaid with interest in equal periodic payments. | |
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Synonym | installment loan | |
Broader | consumer credit | A line of credit extended for personal or household use |
loan | The temporary provision of money (usually at interest) | |
Spanish | crédito a un plazo, crédito a un solo plazo, crédito de consumo |
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