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单词 installment loan
释义

installment loan

[ in-stawl-muhnt lohn ]
/ ɪnˈstɔl mənt ˌloʊn /

noun Finance.

a loan that allows someone to borrow a set amount of money and to repay it over a predetermined fixed period of time in regular installments, normally set up by the lender with equal installments that include both interest on the loan plus gradual repayment of the principal: They bought their new home and car using installment loans.

Origin of installment loan

First recorded in 1920–25

Words nearby installment loan

installant, installation, installation art, installment, installment buying, installment loan, installment plan, instalment, Instamatic, instance, instancy
Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020
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更新时间:2024/11/11 10:58:06