HyperDic

English > 1 sense of the expression installment loan:
NOUNpossessioninstallment loan, installment credita loan repaid with interest in equal periodic payments
English > installment loan: 1 sense > noun 1, possession
MeaningA loan repaid with interest in equal periodic payments.
Synonyminstallment credit
Broaderconsumer creditA line of credit extended for personal or household use
loanThe temporary provision of money (usually at interest)