personal loan

/ˌpʌrs(ə)n(ə)l loʊn/
IPA guide

Other forms: personal loans

Definitions of personal loan
  1. noun
    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
    see moresee less
    types:
    auto loan, automobile loan, car loan
    a personal loan to purchase an automobile
    type of:
    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 ‘personal loan'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
Word Family