CONSUMER LOAN

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay

Synonyms:

consumer loan; personal loan

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("consumer loan" is a kind of...):

loan (the temporary provision of money (usually at interest))

Hyponyms (each of the following is a kind of "consumer loan"):

auto loan; automobile loan; car loan (a personal loan to purchase an automobile)

Credits