consumer debt

Definition of consumer debt

  1. :  a debt from buying something at a store <Most of his debts are consumer debts.>

Word by Word Definitions

consumerplay
  1. :  one that consumes: such as

    :  one that utilizes economic goods

    :  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

debtplay
  1. :  sin, trespass

    :  something owed :  obligation

    :  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

  1. see debt


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