consumer credit

noun

Definition of consumer credit

:credit granted to an individual especially to finance the purchase of consumer goods or to defray personal expenses

First Known Use of consumer credit

1925


Law Dictionary

consumer credit

noun

legal Definition of consumer credit

:credit extended by merchants or banks to finance the purchase of consumer goods (as home appliances) or services (as travel or hotel accommodations) — compare consumer debt at debt

Learn More about consumer credit


Seen and Heard

What made you want to look up consumer credit? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

serious difficulty or misfortune

Get Word of the Day daily email!

Test Your Vocabulary

The Exceptions Quiz III

  • one-green-toy-robot-amidst-many-red-toy-robots
  • Which of these words does not mean "nonsense"?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!