| 释义 |
installment loan
Thesaurus| Noun | 1. | installment loan - a loan repaid with interest in equal periodic paymentsinstallment creditconsumer credit - a line of credit extended for personal or household useloan - the temporary provision of money (usually at interest) |
Installment Loan
Installment LoanA loan that is repaid in a certain number of payments in the same amount. Interest is computed in advance and is rolled into the payments. For example, a mortgage amortized over 30 years is an installment loan because the payments are equal to each other and the loan is repaid after the 30 years have expired.installment loan
Synonyms for installment loannoun a loan repaid with interest in equal periodic paymentsSynonymsRelated Words |