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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.
credit extended by a retail store, bank, etc., chiefly for the purchase of consumer goods.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||consumer 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
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
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