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Definition of Installment credit
1. Noun. A loan repaid with interest in equal periodic payments.
Lexicographical Neighbors of Installment Credit
Literary usage of Installment credit
Below you will find example usage of this term as found in modern and/or classical literature:
1. American Standards of Living, 1918-1988 by Clair Brown (1994)
"installment credit had grown from $600 million to $4000 million in 20 years. ...
This included $2300 million of installment credit for autos, $1700 million ..."
2. National tax journal (1916)
":ypes, and a new automobile on installment credit; and to have two to five ...
As soon as a portion of their mortgage and installment credit obligation is ..."
3. Statistical Abstract of the United States, 1997: The National Data Book by United States Government Printing Office, United States Department Of Commerce (1879)
"Consumer installment credit Outstanding and Finance Rates: 1980 to 1996 [In
billion« of dollars, except percent. Estimated amounts of seasonally adjusted ..."