consumer credit


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Related to consumer credit: commercial credit, investment credit

consumer credit

n.
Credit granted to a consumer permitting the use or ownership of goods or services during a term of payment.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

consum′er cred′it


n.
credit extended by a retail store, bank, etc., chiefly for the purchase of consumer goods.
[1925–30]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

consumer credit

ncredito al consumatore
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
The total outstanding balance of consumer credit in Cambodia continued to steadily increase, reaching $7.16 billion by the end of June - a 6.8 per cent increase from the first quarter - according to a Credit Bureau Cambodia (CBC) report released last week.
M2 PRESSWIRE-July 25, 2019-: Consumer Credit Market: Global Share, Size, Trends and Growth Analysis Forecast to 2019-2024
consumer credit rose $10.3 B in March, less than forecast, after February's $15.5 B increase (revised from $15.2 B) and January's $17.2 B jump (revised from $17.7 B).
The Bank's Money and Credit report showed that consumer credit increased by PS549 million in March, the lowest increase since November 2013.
The growth of credit card lending continued to outpace other consumer credit (with the latter growing at 7.3% yoy in September), which has been the case since January.
BANKING AND CREDIT NEWS-July 19, 2018-PayPal, Synchrony closes consumer credit receivables sale
(NASDAQ: PYPL) has closed a consumer credit receivables transaction with US-based financial services firm Synchrony (NYSE: SYF), the company said.
Consumer credit grew by 8.6% annually in March - the lowest figure seen since November 2015, according to the Bank of England's Money and Credit report.
LENDERS will be forced to prove they're not taking on too much risk as fears rise that consumer credit is getting out of control.
Separately, the Financial Conduct Authority (FCA) is cracking down on pay and bonuses in consumer credit firms to cut down mis-selling.
Total consumer credit stood at $3.8 trillion on April 30, up 5.9% from a year earlier, while credit unions held $398.2 billion, up 12.5%, according to the Fed's monthly consumer credit report.

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