consumer debt

noun
Updated on: 15 Nov 2017

Definition of consumer debt

:a debt from buying something at a store
  • Most of his debts are consumer debts.

Word by Word Definitions

consumer play
  1. : one that consumes: such as

  2. : one that utilizes economic goods

  3. : an organism requiring complex organic compounds for food which it obtains by preying on other organisms or by eating particles of organic matter — compare producer 3

debt play
  1. : sin, trespass

  2. : something owed : obligation

  3. : a state of being under obligation to pay or repay someone or something in return for something received : a state of owing


Law Dictionary

consumer debt

legal Definition of consumer debt

see debt

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