consumer credit

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consumer credit

n.
Credit granted to a consumer permitting the use or ownership of goods or services during a term of payment.

consum′er cred′it


n.
credit extended by a retail store, bank, etc., chiefly for the purchase of consumer goods.
[1925–30]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.consumer credit - a line of credit extended for personal or household useconsumer credit - a line of credit extended for personal or household use
equity credit line, home equity credit, home equity loan, home loan - a loan secured by equity value in the borrower's home
installment credit, installment loan - a loan repaid with interest in equal periodic payments
charge account credit, open-end credit, revolving credit - a consumer credit line that can be used up to a certain limit or paid down at any time
bank line, credit line, line of credit, personal credit line, personal line of credit, line - the maximum credit that a customer is allowed
Translations

consumer credit

ncredito al consumatore
References in periodicals archive ?
More importantly, this collaborative relationship continues throughout the lifetime of the system, fostering a closer relationship between the vendor and lender that encourages open communication.