installment loan

Definitions of installment loan
  1. noun
    a loan repaid with interest in equal periodic payments
    synonyms: installment credit
    see moresee less
    type of:
    consumer credit
    a line of credit extended for personal or household use
    loan
    the temporary provision of money (usually at interest)
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

Copy citation
DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘installment loan'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
Word Family