INSTALLMENT LOAN

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 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))

Credits