- credit a firm grants to consumers for the purchase of goods or services. Also called retail credit. Bloomberg Financial Dictionary
* * *consumer credit consumer credit ➔ credit1
* * *consumer credit UK US noun [U] (also personal credit)► ECONOMICS, FINANCE money that is lent to individual people by banks, stores, etc., in order for them to buy things and pay for them over a period of time: »
Total consumer credit has doubled in the past two years, according to the central bank.
Financial and business terms. 2012.
Look at other dictionaries:
consumer credit — credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods. [1925 30] * * * Short and intermediate term loans used to finance the purchase of commodities or services for personal… … Universalium
consumer credit — n: 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 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Consumer credit — Credit granted by a firm to consumers for the purchase of goods or services. Also called retail credit. The New York Times Financial Glossary * * * consumer credit consumer credit ➔ credit1 * * * consumer credit UK US noun [U] (also personal… … Financial and business terms
Consumer Credit — Потребительское кредитование без обеспечения /недвижимостью/ Словарь терминов и сокращений рынка forex, Forex EuroClub … Финансовый словарь
consumer credit — ☆ consumer credit n. credit extended for buying goods and services for one s personal use through installment plans, charge accounts, short term loans, etc … English World dictionary
consumer credit — noun a line of credit extended for personal or household use • Hypernyms: ↑credit line, ↑line of credit, ↑bank line, ↑line, ↑personal credit line, ↑personal line of credit • Hyponyms: ↑ … Useful english dictionary
consumer credit — Short term loans to individuals for purchase of consumer goods and services See also Consumer Credit Code Consumer Credit Protection Act consumer credit sale consumer credit transaction credit card Equal Credit Opportunity Act … Black's law dictionary
Consumer Credit — A debt that someone incurs for the purpose of purchasing a good or service. This includes purchases made on credit cards, lines of credit and some loans. Also referred to as consumer debt . Consumer credit is basically the amount of credit used… … Investment dictionary
consumer credit — Short term loans to the public for the purchase of goods. The most common forms of consumer credit are credit accounts at retail outlets, personal loans from banks and finance houses, hire purchase, and credit cards Since the Consumer Credit Act… … Big dictionary of business and management
consumer credit — N UNCOUNT Consumer credit is money that is lent to people by organizations such as banks, building societies, and shops so that they can buy things. New consumer credit fell to $3.7 billion in August … English dictionary